Eightco director granted 50,000 stock options
Eightco Holdings Inc. director Louis Foreman received a grant of stock options as board compensation.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Eightco Holdings Inc. director Louis Foreman received a grant of stock options as board compensation. The award covers 50,000 options to buy common stock at an exercise price of $1.01 per share, with 50,000 derivative securities held after this grant.
The options were issued under the Cryptyde, Inc. 2022 Long-Term Incentive Plan for service on Eightco’s Board of Directors. They vest in four equal annual installments of 25% each, beginning on the first anniversary of the grant date, and expire ten years after the grant, on March 11, 2036.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 50,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The stock options were issued under the Cryptyde, Inc. 2022 Long-Term Incentive Plan (the "Plan") as compensation for services on the Board of Directors of Eightco Holdings Inc. (the "Company"). Each stock option shall vest in four (4) equal annual installments of 25% each, beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Company through each applicable vesting date. Each stock option shall expire on the date that is ten (10) years following the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Eightco Holdings (OCTO) director Louis Foreman receive in this Form 4?
What are the key terms of Louis Foreman’s 50,000 stock options at Eightco Holdings (OCTO)?
How do the Eightco Holdings (OCTO) options granted to Louis Foreman vest?
When do Louis Foreman’s Eightco Holdings (OCTO) stock options expire?
How many Eightco Holdings (OCTO) derivative securities does Louis Foreman hold after this grant?
Under which plan were the Eightco Holdings (OCTO) options to Louis Foreman issued?
AI-generated analysis. How Rhea-AI works. Not financial advice.