Odyssey Marine (OMEX) CEO exercises stock options to acquire 150,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Odyssey Marine Exploration Chief Executive Officer Mark Gordon exercised stock options to acquire 150,000 shares of common stock. The options had an exercise price of $0.4141 per share and were exercised on March 23, 2026 under Odyssey's 2019 Stock Incentive Plan. Following the transaction, Gordon directly owns 632,235 shares of common stock. The exercised stock option position was fully converted, leaving no remaining options from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
150,000 shares exercised/converted
Mixed
2 txns
Insider
Gordon Mark
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option(Right to Buy) | 150,000 | $0.00 | -- |
| Exercise | Common Stock | 150,000 | $0.4141 | $62K |
Holdings After Transaction:
Stock Option(Right to Buy) — 0 shares (Direct);
Common Stock — 632,235 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did OMEX CEO Mark Gordon report on this Form 4?
Mark Gordon reported exercising stock options to acquire 150,000 shares of Odyssey Marine common stock. The transaction converted derivative options into common shares and increased his direct equity holdings to 632,235 shares after the exercise.
At what price did OMEX CEO Mark Gordon exercise his stock options?
Mark Gordon exercised his Odyssey Marine stock options at an exercise price of $0.4141 per share. This price reflects the predetermined strike price of the options granted under the company’s 2019 Stock Incentive Plan.
What type of security did OMEX CEO Mark Gordon exercise on March 23, 2026?
Mark Gordon exercised a stock option, classified as a “Stock Option (Right to Buy)” covering 150,000 underlying shares of Odyssey Marine common stock. The derivative position was fully converted into common shares in this transaction.
Was the OMEX CEO’s March 23, 2026 transaction an open-market purchase or an option exercise?
The March 23, 2026 transaction was an option exercise, not an open-market purchase. Gordon elected to purchase Odyssey Marine common stock by exercising stock options granted under the company’s 2019 Stock Incentive Plan.
What plan governed OMEX CEO Mark Gordon’s stock option exercise?
The option exercise was made in accordance with Odyssey’s 2019 Stock Incentive Plan. A footnote explains that Gordon elected to purchase Odyssey Marine common stock on March 23, 2026 pursuant to this equity incentive program.