Premier Air (PREM) CFO granted options on 1.5M shares
Rhea-AI Filing Summary
Premier Air Charter Holdings Inc. Chief Financial Officer Matt Aune filed an initial ownership report showing his equity position in the company. He reports direct ownership of 10,000 shares of common stock.
In connection with his appointment and under the company’s 2025 Omnibus Equity Incentive Plan, Aune also holds a nonstatutory stock option to purchase 1,500,000 shares of common stock at an exercise price of $0.059 per share. The option has a five-year term from the June 22, 2026 grant date, expiring on June 22, 2031, and vests in four equal annual installments of 25% of the underlying shares starting on the first anniversary of the grant date, subject to continued employment. The option agreement permits cashless (net) exercise.
Positive
- None.
Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Aune Matt
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 1,500,000 shares (Direct);
Common Stock — 10,000 shares (Direct)
Footnotes (1)
- F1. In connection with his appointment, and pursuant to the Company's 2025 Omnibus Equity Incentive Plan (the "Plan"), the Company granted Mr. Aune a nonstatutory stock option to purchase 1,500,000 shares of the Company's common stock (the "Option") under an Employee Nonstatutory Stock Option Agreement dated June 22, 2026 (the "Option Agreement"). The Option has an exercise price of $0.059 per share and a term of five years from the date of grant. Subject to Mr. Aune's continued employment, the Option vests in four equal annual installments of 25% of the underlying shares, with the first installment vesting on the first anniversary of the grant date and an additional 25% vesting on each of the three successive anniversaries. The Option Agreement also permits a cashless (net) exercise and is otherwise subject to the terms and conditions of the Plan and the Option Agreement.
Key Figures
Direct common shares: 10,000 shares
Option underlying shares: 1,500,000 shares
Exercise price: $0.059 per share
+3 more
6 metrics
Direct common shares
10,000 shares
Directly owned common stock reported on Form 3
Option underlying shares
1,500,000 shares
Nonstatutory stock option underlying common shares
Exercise price
$0.059 per share
Stock option exercise price
Option term
5 years
Term from June 22, 2026 grant to June 22, 2031 expiration
Vesting schedule
25% annually over 4 years
Annual vesting installments subject to continued employment
Underlying derivative position
1,500,000 underlying shares
Direct stock option position in derivative summary
Key Terms
Form 3, nonstatutory stock option, 2025 Omnibus Equity Incentive Plan, cashless (net) exercise, +1 more
5 terms
Form 3 regulatory
"Chief Financial Officer Matt Aune filed an initial ownership report showing his equity position"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
nonstatutory stock option financial
"the Company granted Mr. Aune a nonstatutory stock option to purchase 1,500,000 shares"
A nonstatutory stock option (also called a non-qualified stock option) is an employee or contractor right to buy company shares at a set price that does not qualify for special tax treatment. When exercised, the difference between the market price and the set price is treated as ordinary income for the recipient and usually triggers payroll tax and withholding. For investors, these options matter because they create potential share dilution, affect reported compensation costs, and influence the timing of when new shares enter the market—similar to a coupon that lets someone buy stock at a discount but results in an immediate tax bill.
2025 Omnibus Equity Incentive Plan financial
"pursuant to the Company's 2025 Omnibus Equity Incentive Plan (the "Plan")"
cashless (net) exercise financial
"The Option Agreement also permits a cashless (net) exercise and is otherwise subject"
vesting financial
"the Option vests in four equal annual installments of 25% of the underlying 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Premier Air Charter (PREM) CFO Matt Aune report on his Form 3?
He reported his initial ownership as CFO, including 10,000 common shares and a nonstatutory stock option for 1,500,000 common shares, establishing his starting equity stake in Premier Air Charter Holdings Inc.
How does Matt Aune’s stock option at Premier Air (PREM) vest over time?
The 1,500,000-share option vests in four equal annual installments of 25% of the underlying shares. Vesting begins on the first anniversary of the June 22, 2026 grant date and continues annually, subject to his continued employment.
When does Premier Air Charter (PREM) CFO Matt Aune’s stock option expire?
The nonstatutory stock option granted to Matt Aune expires five years from the June 22, 2026 grant date. The filing specifies an expiration date of June 22, 2031, defining the window during which he can exercise the option.
Under which plan was Matt Aune’s stock option at Premier Air (PREM) granted?
The stock option was granted under Premier Air Charter Holdings Inc.’s 2025 Omnibus Equity Incentive Plan. It is documented in an Employee Nonstatutory Stock Option Agreement dated June 22, 2026, which governs its detailed terms and conditions.