Mind Technology director granted 30,000 options
Mind Technology director Peter H. Blum received a grant of options to purchase 30,000 shares of MII Common Stock at an exercise price of $4.77 per share.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Mind Technology director Peter H. Blum received a grant of options to purchase 30,000 shares of MII Common Stock at an exercise price of $4.77 per share. The options vest in three equal annual installments beginning July 29, 2027 and expire on July 29, 2036, and are held directly.
Insider Trade Summary
Grant/Award: 30,000 shares
Grant/Award
1 txn
Insider
BLUM PETER H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock F1 | 30,000 | $4.77 | $143K |
Holdings After Transaction:
Option to Purchase Common Stock — 30,000 contracts (Direct)
Footnotes (1)
- F1. Options vest 1/3 on July 29, 2027, 1/3 on July 29, 2028 and 1/3 July 29, 2029.
Key Figures
Options granted: 30,000 options
Exercise price: $4.77 per share
Options after grant: 30,000 options
+1 more
4 metrics
Options granted
30,000 options
Grant of options to purchase MII Common Stock for Peter H. Blum
Exercise price
$4.77 per share
Exercise price for the granted options
Options after grant
30,000 options
Total derivative securities held directly following the reported award
Vesting fraction per year
1/3 of options
Portion of options vesting on each of July 29, 2027, 2028 and 2029
Key Terms
Option to Purchase Common Stock, exercise price, expiration date, vest
4 terms
Option to Purchase Common Stock financial
"security_title shows "Option to Purchase Common Stock" as the derivative security"
exercise price financial
"conversion_or_exercise_price is listed as $4.7700 per share for the options"
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.
expiration date financial
"The options carry an expiration date of 2036-07-29"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vest financial
"Footnote states: "Options vest 1/3 on July 29, 2027, 1/3 on July 29, 2028...""
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MIND report for director Peter H. Blum?
Peter H. Blum received a of MII Common Stock on July 29, 2026. These are derivative securities with a $4.77 exercise price, vesting over three years and expiring in 2036.
How many stock options were granted to the MIND director in this Form 4?
The filing shows a grant of 30,000 stock options to director Peter H. Blum. Each option relates to one share of MII Common Stock, with all 30,000 options reported as held directly following this award.
What is the exercise price of Peter H. Blum’s MIND stock options?
The options carry an exercise price of $4.77 per share. This is the price at which Peter H. Blum may purchase shares of MII Common Stock once the options vest, subject to the award’s terms and expiration date.
When do Peter H. Blum’s MIND stock options vest?
The options vest in three equal installments: 1/3 on July 29, 2027, 1/3 on July 29, 2028, and 1/3 on July 29, 2029. Vesting must occur before the underlying shares can be acquired through exercise.
When do the reported MIND stock options held by Peter H. Blum expire?
The granted options have an expiration date of July 29, 2036. If any options are not exercised by that date, they will lapse, and the right to purchase the underlying shares will terminate.
AI-generated analysis. How Rhea-AI works. Not financial advice.
