NightFood (NGTF) director granted 1M stock options plus share buy
Rhea-AI Filing Summary
NightFood Holdings, Inc. (NGTF) director Ronald J. Stauber reported two transactions. He purchased 5,000 shares of common stock at $0.028 per share on May 15, 2026, resulting in 5,000 shares held directly. He also received a grant of 1,000,000 nonqualified stock options with an exercise price of $0.033 per share, each option for one share of common stock. The option vests in four equal tranches of 250,000 shares on November 7, 2026, February 7, 2027, May 7, 2027, and August 7, 2027, subject to his continued board service, and any unvested portion vests in full immediately before a Change in Control transaction, subject to its closing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
2 txns
Insider
STAUBER RONALD J
Role
Director
Bought
5,000 shs ($140.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock $0.001 par value | 5,000 | $0.028 | $140.00 |
| Grant/Award | Nonqualified Stock Option (Right to Buy) F1 | 1,000,000 | $0.033 | $33K |
Holdings After Transaction:
Nonqualified Stock Option (Right to Buy) — 1,000,000 shares (Direct);
Common Stock $0.001 par value — 5,000 shares (Direct)
Footnotes (1)
- F1. The option vests in four equal installments of 250,000 shares on November 7, 2026, February 7, 2027, May 7, 2027, and August 7, 2027, in each case subject to the reporting person's continued service as a director through the applicable vesting date. Upon a Change in Control, the unvested portion of the option vests in full immediately before the closing of the transaction, subject to consummation of the transaction.
Key Figures
Common shares purchased: 5,000 shares
Purchase price per share: $0.028 per share
Common shares held after transaction: 5,000 shares
+4 more
7 metrics
Common shares purchased
5,000 shares
Purchase of NightFood Holdings common stock on May 15, 2026
Purchase price per share
$0.028 per share
Price paid for 5,000 common shares
Common shares held after transaction
5,000 shares
Direct ownership following the common stock purchase
Nonqualified stock options granted
1,000,000 options
Grant of options to buy NGTF common stock
Option exercise price
$0.033 per share
Exercise price for the 1,000,000 nonqualified stock options
Underlying shares for options
1,000,000 shares
Common shares underlying the nonqualified stock options
Vesting installments
4 installments of 250,000 shares
Equal tranches vesting from November 2026 to August 2027
Key Terms
Nonqualified Stock Option, Change in Control, vesting
3 terms
Nonqualified Stock Option financial
"Security title listed as "Nonqualified Stock Option (Right to Buy)""
A nonqualified stock option (NQSO) is a company grant that gives an individual the right to buy shares at a set price but does not meet special tax rules for incentive stock options; when exercised the difference between the market price and the exercise price is treated as ordinary income for the recipient and as a tax-deductible expense for the company. It matters to investors because NQSOs affect an employee’s after-tax proceeds, the company’s reported expenses, and potential share dilution—think of it like a cash bonus that converts into stock but is taxed as regular pay when you take it.
Change in Control financial
"Upon a Change in Control, the unvested portion of the option vests"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
vesting financial
"The option vests in four equal installments of 250,000 shares"
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
What insider transactions did NGTF director Ronald J. Stauber report?
Ronald J. Stauber reported purchasing 5,000 NGTF common shares at $0.028 per share and receiving a grant of 1,000,000 nonqualified stock options with an exercise price of $0.033 per share, each option exercisable into one share of common stock.
What are the terms of Ronald J. Stauber’s 1,000,000 NGTF stock options?
Ronald J. Stauber received 1,000,000 nonqualified stock options, each for one NGTF common share, with an exercise price of $0.033 per share. The options vest in four equal installments of 250,000 shares on specified dates from November 2026 through August 2027.
When do Ronald J. Stauber’s NGTF stock options vest?
The 1,000,000 NGTF stock options vest in four equal tranches of 250,000 shares on November 7, 2026, February 7, 2027, May 7, 2027, and August 7, 2027, in each case subject to Ronald J. Stauber’s continued service as a director through the relevant vesting date.
What happens to Ronald J. Stauber’s NGTF options upon a Change in Control?
Upon a Change in Control, the unvested portion of Ronald J. Stauber’s NGTF stock options vests in full immediately before the closing of the transaction, subject to the consummation of that Change in Control transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
