RANGE IMPACT (RNGE) director exercises options for 250,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RANGE IMPACT, INC. director Celeste Richard F exercised stock options to acquire 250,000 shares of Common Stock. The options were exercised at a price of $0.1500 per share, and following the transaction she directly holds 250,000 Common Stock shares. The exercised award covered 250,000 option shares that were originally granted under an Option under Stock Incentive Plan with a conversion or exercise price of $0.1500 and an expiration date of December 31, 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary
250,000 shares exercised/converted
Mixed
2 txns
Insider
Celeste Richard F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option under Stock Incentive Plan | 250,000 | $0.00 | -- |
| Exercise | Common Stock | 250,000 | $0.15 | $38K |
Holdings After Transaction:
Option under Stock Incentive Plan — 0 shares (Direct, null);
Common Stock — 250,000 shares (Direct, null)
Footnotes (1)
Key Figures
Common shares acquired: 250,000 shares
Exercise price: $0.1500 per share
Options exercised: 250,000 shares
+2 more
5 metrics
Common shares acquired
250,000 shares
Common Stock acquired via option exercise on June 15, 2026
Exercise price
$0.1500 per share
Price for exercising options into Common Stock
Options exercised
250,000 shares
Option under Stock Incentive Plan exercised
Shares held after transaction
250,000 shares
Total Common Stock directly owned after exercise
Option expiration date
December 31, 2035
Expiration date of exercised option grant
Key Terms
Option under Stock Incentive Plan, derivative security, conversion or exercise price, expiration date
4 terms
Option under Stock Incentive Plan financial
"Option under Stock Incentive Plan with a conversion or exercise price of $0.1500"
derivative security financial
"transaction code description indicates an exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
conversion or exercise price financial
"a conversion or exercise price of $0.1500 and an expiration date of December 31, 2035"
expiration date financial
"an expiration date of December 31, 2035"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did RANGE IMPACT (RNGE) report for Celeste Richard F?
RANGE IMPACT reported that director Celeste Richard F exercised stock options to acquire 250,000 shares of Common Stock at $0.1500 per share. This was recorded as a derivative exercise, not an open-market purchase or sale.
What was the exercise price and size of the options in this RNGE Form 4?
The option covered 250,000 underlying shares of RANGE IMPACT Common Stock with a conversion or exercise price of $0.1500 per share. All 250,000 option shares were exercised in this transaction.
What were the key dates for the options exercised by Celeste Richard F at RNGE?
The options under the stock incentive plan had an exercise date of December 31, 2025 and an expiration date of December 31, 2035. They were actually exercised on June 15, 2026 into 250,000 Common Stock shares.