Mainz Biomed (MYNZ) director Gregory Tibbitts details option stakes
Rhea-AI Filing Summary
Mainz Biomed N.V. director Gregory J. Tibbitts filed an initial Form 3 showing his beneficial holdings in the company’s securities as of 01/01/2026. He reports holding no ordinary shares directly, but does hold employee stock options over ordinary shares. One option grant covers 10,000 ordinary shares at an exercise price of $4.95, with 50% vested on 03/04/2025 and the remaining 25% tranches vesting on 03/24/2026 and 03/04/2027. He also holds fully vested options for 625 ordinary shares at $356.4 and 250 ordinary shares at $302.8, all owned directly.
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FAQ
What does Mainz Biomed (MYNZ) disclose in this Form 3?
The filing shows director Gregory J. Tibbitts’ initial statement of beneficial ownership, listing his Mainz Biomed ordinary share and stock option positions as of 01/01/2026.
How many Mainz Biomed ordinary shares does Gregory Tibbitts own directly?
The Form 3 reports that he beneficially owns 0 ordinary shares directly.
What stock options does Gregory Tibbitts hold in Mainz Biomed (MYNZ)?
He holds employee stock options over 10,000, 625, and 250 Mainz Biomed ordinary shares, all reported as directly owned derivative securities.
What are the exercise prices of Gregory Tibbitts’ Mainz Biomed stock options?
The options have exercise prices of $4.95 for 10,000 shares, $356.4 for 625 shares, and $302.8 for 250 shares.
How do the vesting terms work for the 10,000-share Mainz Biomed option grant?
According to the footnote, 50% of the 10,000-share option vested on 03/04/2025, with the remaining balance vesting 25% on 03/24/2026 and 25% on 03/04/2027.
Are any of Gregory Tibbitts’ Mainz Biomed options already fully vested?
Yes. The options covering 625 and 250 ordinary shares are described in the footnote as fully vested.
What is Gregory Tibbitts’ role at Mainz Biomed (MYNZ)?
The Form 3 identifies him as a director of Mainz Biomed N.V. and not a 10% owner or officer.