Algorhythm Holdings grants CFO options on 1.14M shares
The option was granted under the Algorhythm Holdings, Inc. 2022 Equity Incentive Plan and expires September 15, 2036.
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Rhea-AI Filing Summary
Algorhythm Holdings, Inc. (RIME) interim CFO Leticia Adriana Raele received a non-qualified stock option covering 1,144,552 shares of common stock. Of those shares, 286,138 vested in full on September 15, 2026; the remaining 858,414 vest in equal quarterly installments over two years beginning that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 1,144,552 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reported transaction involved the Reporting Person's receipt of a non-qualified stock option to purchase 1,144,552 shares of the Issuer's common stock. The stock option was granted pursuant to the Algorhythm Holdings, Inc. 2022 Equity Incentive Plan. Of the 1,144,552 shares underlying the stock option, 286,138 shares were vested in full on the date of grant and the remaining 858,414 shares vest in equal quarterly installments over a period of two (2) years commencing September 15, 2026.
Key Figures
Key Terms
non-qualified stock option financial
2022 Equity Incentive Plan financial
vested in full financial
equal quarterly installments financial
FAQ
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How many stock options did RIME's interim CFO receive?
How does the RIME option grant vest?
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