[Form 4] NIOCORP DEVELOPMENTS LTD Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NioCorp Developments Ltd reported that Chief Operating Officer Scott Honan received a grant of 162,866 employee stock options on July 6, 2026. The options have an exercise price of $4.74 per share and expire on July 6, 2031, with vesting spread over three years.
According to the vesting terms, 34% of the options vested immediately on the grant date, 33% will vest on the first anniversary, and the remaining balance will vest on the second anniversary on July 6, 2028. Following this grant, Honan holds 162,866 derivative securities related to common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Honan Scott
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 162,866 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 162,866 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 162,866 options
Exercise price: $4.74 per share
Expiration date: July 6, 2031
+4 more
7 metrics
Options granted
162,866 options
Employee stock option grant on July 6, 2026
Exercise price
$4.74 per share
Strike price for employee stock options
Expiration date
July 6, 2031
Option expiration for granted derivatives
Immediate vesting portion
34% of options
Vested on grant date July 6, 2026
First anniversary vesting
33% of options
Vesting on first anniversary of grant date
Second anniversary vesting
Remaining balance
Vesting on July 6, 2028
Total derivatives after grant
162,866 options
Total derivative securities owned following transaction
Key Terms
Employee Stock Option, grant/award acquisition, exercise price, vesting, +1 more
5 terms
Employee Stock Option financial
"Employee Stock Option (Right to Buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
exercise price financial
"conversion_or_exercise_price: 4.7400"
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
"34% of the options vested on the grant date, 33% of the options will vest"
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.