Eightco CEO reports purchase and 400k RSU award, ownership rises to 599,985
Rhea-AI Filing Summary
Kevin J. O'Donnell, CEO and director of Eightco Holdings Inc. (OCTO), reported insider transactions on 09/09/2025. The filing shows a purchase of 171,233 shares of common stock at $1.46 per share, bringing his beneficial ownership to 199,985 shares. In addition, he was awarded 400,000 restricted stock units (RSUs) that each convert into one share, issued at no cash price and subject to continued service; if vested in full on March 8, 2026, the RSUs would increase his beneficial ownership to 599,985 shares. The RSUs vest in full on March 8, 2026, contingent on continued service. The form is signed by Mr. O'Donnell and dated 09/11/2025.
Positive
- Significant RSU award: 400,000 RSUs awarded that will vest in full on March 8, 2026, subject to continued service
- Insider purchase: 171,233 shares acquired at $1.46, increasing direct beneficial ownership
- Increased potential ownership: Beneficial ownership rises to 599,985 shares if RSUs vest
Negative
- None.
Insights
TL;DR: Insider purchased shares and received 400,000 RSUs, increasing potential ownership to 599,985 shares.
The 171,233-share purchase at $1.46 signals a meaningful increment in the reporting person's direct stake. The 400,000 RSUs granted at $0 represent deferred equity compensation that vests in full on March 8, 2026, subject to continued service. Combined, these actions increase the reporting person's potential economic exposure to company equity and align executive incentives with shareholder value over the vesting period. All positions are reported as direct beneficial ownership.
TL;DR: The CEO/director received a sizeable RSU award and executed an open-market purchase, both disclosed on Form 4.
The award of 400,000 RSUs and the contemporaneous purchase of 171,233 shares are standard elements of executive compensation and insider buying disclosures. The RSU vesting is conditioned on continued service to March 8, 2026, which ties retention to equity vesting. Documentation is properly signed and dated on the Form 4, and ownership is reported as direct. No amendments or additional conditions are disclosed in the filing.