Mannatech director granted 5,000 stock options
Mannatech Inc director John A. Seifrick received a grant of stock options representing the right to purchase 5,000 shares of common stock at an exercise price of $5.77 per share.
Rhea-AI Filing Summary
Mannatech Inc director John A. Seifrick received a grant of stock options representing the right to purchase 5,000 shares of common stock at an exercise price of $5.77 per share. One-third of these options vest on the grant date, another one-third on the first anniversary, and the final third on the second anniversary of the grant date.
After this award, Seifrick directly holds rights to acquire a total of 11,807 shares. The award reflects equity-based compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,000 shares
Grant/Award
1 txn
Insider
John Seifrick A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RIght to Purchase Common Stock | 5,000 | $0.00 | $0.00 |
Holdings After Transaction:
RIght to Purchase Common Stock — 11,807 contracts (Direct)
Footnotes (1)
- F1. One-third of the stock options vest on the date of grant, another one-third of the stock options vest on the first anniversary of the date of grant, and the remaining one-third of the stock options vest on the second anniversary of the date of grant.
Key Figures
Options granted: 5,000 shares
Exercise price: $5.77 per share
Total holdings after grant: 11,807 shares
+1 more
4 metrics
Options granted
5,000 shares
Right to purchase common stock granted to director
Exercise price
$5.77 per share
Conversion or exercise price of stock options
Total holdings after grant
11,807 shares
Rights to acquire common stock following transaction
Expiration date
June 3, 2036
Option expiration for the granted stock options
Key Terms
Right to Purchase Common Stock, Grant, award, or other acquisition, stock options, exercise price, +1 more
5 terms
Right to Purchase Common Stock financial
"security_title: RIght to Purchase Common Stock"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
stock options financial
"One-third of the stock options vest on the date of grant"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"conversion_or_exercise_price: 5.7700"
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.
vesting financial
"another one-third of the stock options vest on the first anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Mannatech (MTEX) report for John A. Seifrick?
Mannatech reported that director John A. Seifrick received a grant of stock options for 5,000 shares. These options provide the right to purchase common stock as part of his equity-based compensation, rather than reflecting an open-market share purchase or sale.
How many Mannatech (MTEX) stock options were granted to John A. Seifrick and at what price?
John A. Seifrick was granted stock options covering 5,000 shares of Mannatech common stock at an exercise price of $5.77 per share. This means he can later buy shares at $5.77, subject to the vesting schedule and option expiration terms.
What is the vesting schedule for John A. Seifrick’s Mannatech (MTEX) stock options?
The stock options vest in three equal installments. One-third vests on the grant date, another one-third vests on the first anniversary, and the remaining one-third vests on the second anniversary, aligning Seifrick’s long-term incentives with Mannatech’s performance over time.
When do John A. Seifrick’s Mannatech (MTEX) stock options expire?
The stock options granted to John A. Seifrick expire on June 3, 2036. He can exercise vested options any time before this expiration date, subject to Mannatech’s plan rules and any applicable trading or blackout restrictions on insider transactions.
How many Mannatech (MTEX) derivative securities does John A. Seifrick hold after this grant?
Following this grant, John A. Seifrick holds rights to acquire a total of 11,807 shares of Mannatech common stock. This figure represents his direct derivative holdings reported in the filing, reflecting his accumulated equity-based compensation position.
AI-generated analysis. How Rhea-AI works. Not financial advice.
