Mitesco CEO granted 3M shares at $0.035
Mitesco, Inc. (MITI) reported multiple board-approved equity grants to CEO and CFO Brian Valania.
Rhea-AI Filing Summary
Mitesco, Inc. (MITI) reported multiple board-approved equity grants to CEO and CFO Brian Valania. On 2026-08-03 he received a grant of 3,000,000 shares of Common Stock at $0.035 per share, which increased his direct common ownership to 3,421,078 shares. An earlier grant on 2026-07-21 added 221,078 common shares at $0.08 per share, and a 2024-07-29 grant added 200,000 common shares at $0.25 per share.
Valania also received Series X Preferred Stock awards: 2,400 shares on 2026-05-01 and 4,800 shares on 2026-07-10, bringing his direct holdings to 7,200 Series X preferred shares. Each Series X share has a $400 stated value and, as disclosed, has no conversion rights, is not exercisable, has no expiration date, and has no underlying common shares, so these preferred grants do not currently represent additional common equity.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,000,000 | $0.035 | $105K |
| Grant/Award | Common Stock | 221,078 | $0.08 | $18K |
| Grant/Award | Series X Pref. F1 | 4,800 | $400.00 | $1.92M |
| Grant/Award | Series X Pref. F1 | 2,400 | $400.00 | $960K |
| Grant/Award | Common Stock | 200,000 | $0.25 | $50K |
Footnotes (1)
- F1. The Series X Preferred Stock has no conversion rights, is not exercisable, has no expiration date, and has no shares of Common Stock underlying it.
Key Figures
Key Terms
Series X Preferred Stock financial
stated value financial
derivative financial
grant/award acquisition financial
FAQ
What insider transactions did Mitesco (MITI) disclose for Brian Valania?
What are the terms of Mitesco (MITI) Series X Preferred Stock granted to the CEO?
Do the Series X Preferred Stock grants at Mitesco (MITI) create potential dilution?
What earlier Mitesco (MITI) common stock grants to the CEO are reported?
AI-generated analysis. How Rhea-AI works. Not financial advice.