Laird Superfood (NYSE: LSF) awards three stock option grants to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patrick Kristin reported acquisition or exercise transactions in this Form 4 filing.
Laird Superfood, Inc. director Patrick Kristin received three stock option awards on July 9, 2026. The grants cover options to buy 25,000 shares at $9.00, 25,000 shares at $6.00, and 60,000 shares at $4.36 per share, all expiring on July 9, 2036. The options vest as to 25% of the shares on each of the first four anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Patrick Kristin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (right to buy) | 60,000 | $0.00 | -- |
| Grant/Award | Option (right to buy) | 25,000 | $0.00 | -- |
| Grant/Award | Option (right to buy) | 25,000 | $0.00 | -- |
Holdings After Transaction:
Option (right to buy) — 60,000 shares (Direct)
Footnotes (1)
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Key Figures
Option grant shares at $9.00: 25,000 shares
Option grant shares at $6.00: 25,000 shares
Option grant shares at $4.36: 60,000 shares
+2 more
5 metrics
Option grant shares at $9.00
25,000 shares
Option (right to buy) granted July 9, 2026 at $9.0000 exercise price
Option grant shares at $6.00
25,000 shares
Option (right to buy) granted July 9, 2026 at $6.0000 exercise price
Option grant shares at $4.36
60,000 shares
Option (right to buy) granted July 9, 2026 at $4.3600 exercise price
Option expiration date
July 9, 2036
Expiration date for all three option grants
Vesting schedule
25% per year
25% of the shares on each of the first four anniversaries of the grant date
Key Terms
Option (right to buy, exercise price, Grant, award, or other acquisition, derivative, +1 more
5 terms
Option (right to buy financial
"security_title: Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 9.0000"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
derivative financial
"transaction_type: derivative"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
vest financial
"The stock options vest as to 25% of the shares"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Laird Superfood (LSF) director Patrick Kristin receive in this Form 4 filing?
Director Patrick Kristin received three stock option awards on July 9, 2026, covering options on Laird Superfood, Inc. Common Stock with different exercise prices and a four-year vesting schedule based on equal annual installments.
What are the exercise prices of Patrick Kristin’s LSF stock options reported here?
The options have exercise prices of $9.00, $6.00, and $4.36 per share. These prices apply to the respective option blocks and determine the cost to acquire each share of Laird Superfood, Inc. Common Stock upon exercise.
When do the Laird Superfood (LSF) options granted to Patrick Kristin expire?
All three option awards expire on July 9, 2036. After that expiration date, any unexercised options will lapse, so the ability to purchase Laird Superfood, Inc. Common Stock under these grants runs for approximately ten years from the grant date.
What is the vesting schedule for Patrick Kristin’s LSF stock option awards?
The stock options vest as to 25% of the shares on each of the first four anniversaries of the July 9, 2026 grant date. This means the awards become exercisable in four equal annual installments over a four-year period.
Does this Laird Superfood (LSF) Form 4 show any open-market stock purchases or sales?
No. The Form 4 reports grant or award acquisitions of stock options, coded “A” as derivative transactions. There are no open-market purchases or sales of Laird Superfood common shares disclosed in these entries.