Director warrant grant at SUI Group (NASDAQ: MCVT) Form 4 filing details
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SUI Group Holdings Ltd. reported a new equity award to director Brian David Quintenz. On January 5, 2026, he received four tranches of warrants for common stock as a one-time equity grant for his non-management director compensation upon his appointment to the board. The tranches cover 83,026 warrants at an exercise price of $5.42, and three additional tranches of 41,513 warrants each with exercise prices of $5.962, $6.504, and $7.046, all granted at a price of $0 to the director. According to the vesting schedule, 25% of each tranche becomes exercisable on July 5, 2026, then 25% on January 5, 2027, another 25% on July 5, 2027, and the final 25% on January 5, 2028, with all warrants expiring on January 5, 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Quintenz Brian David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Warrant for Common Stock | 83,026 | $0.00 | -- |
| Grant/Award | Warrant for Common Stock | 41,513 | $0.00 | -- |
| Grant/Award | Warrant for Common Stock | 41,513 | $0.00 | -- |
| Grant/Award | Warrant for Common Stock | 41,513 | $0.00 | -- |
Holdings After Transaction:
Warrant for Common Stock — 83,026 shares (Direct)
Footnotes (1)
- Represents one-time equity grant as part of the Reporting Person's non-management director compensation upon his appointment to the Issuer's Board of Directors, effective January 5, 2026. The warrants vest as follows: 25% of each tranche of the warrants become exercisable on July 5, 2026, 25% of each tranche of the warrants will become exercisable on January 5, 2027, 25% of each tranche of the warrants will become exercisable on July 5, 2027, and 25% of each tranche of the warrants will become exercisable on January 5, 2028.
FAQ
What does this Form 4 filing for MCVT/SUI Group report?
It reports that director Brian David Quintenz received a one-time equity grant of warrants for common stock from SUI Group Holdings Ltd. as part of his non-management director compensation effective January 5, 2026.
How many warrants did the SUI Group (MCVT) director receive and at what prices?
The director received 83,026 warrants with a $5.42 exercise price and three additional tranches of 41,513 warrants each, with exercise prices of $5.962, $6.504, and $7.046, all granted at a price of $0 to him.
What is the vesting schedule for the SUI Group director’s warrants?
The warrants vest in four equal parts: 25% of each tranche becomes exercisable on July 5, 2026, another 25% on January 5, 2027, another 25% on July 5, 2027, and the final 25% on January 5, 2028.
When do the warrants reported in this MCVT Form 4 expire?
All of the director’s warrants reported in this filing have an expiration date of January 5, 2031.
Is this SUI Group (MCVT) Form 4 an open-market purchase or a compensatory grant?
This is a compensatory grant. The footnotes state it is a one-time equity grant as part of the director’s non-management compensation upon his appointment to the board, and the warrants were granted at $0 to him.
Does Brian Quintenz hold these SUI Group warrants directly or indirectly?
The filing lists the ownership of all reported warrants as Direct (D) by Brian David Quintenz, with no indirect ownership entity noted.