Rank One Computing (ROC) Chief of Staff reports 250,500 stock options on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Rank One Computing Corp executive Anthony Edward Brown filed an initial ownership report showing a stock option position in the company. He holds options to acquire 250,500 shares of common stock at an exercise price of $2.40 per share, expiring on February 1, 2033. According to the vesting terms, 25% of these options vest one year after the February 1, 2023 vesting start date, with the remaining options vesting monthly over the following three years. The filing also indicates he currently holds no shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brown Anthony Edward
Role
Chief of Staff
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option (right to buy) | -- | -- | -- |
| holding | Common Stock; $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Option (right to buy) — 250,500 shares (Direct);
Common Stock; $0.01 par value — 0 shares (Direct)
Footnotes (1)
- Represents 250,500 options issued under the 2018 Equity Incentive Plan held by Anthony Brown, of which 25% vest 1 year after the vesting commencement date of 2/1/2023. The remaining shares vest monthly over a remaining 3 year term. Exercise price.
FAQ
What insider position did Anthony Edward Brown report at Rank One Computing (ROC)?
Anthony Edward Brown reported holding stock options for 250,500 Rank One Computing shares. These options give him the right to buy common stock at a fixed price, reflecting his initial equity position as Chief of Staff.
What is the exercise price and expiry of Anthony Brown’s ROC stock options?
Anthony Brown’s options have an exercise price of $2.40 per share and an expiration date of February 1, 2033. This defines the cost and time window for converting options into common stock.
How do Anthony Brown’s Rank One Computing options vest?
Brown’s 250,500 options were granted under the 2018 Equity Incentive Plan. 25% vest one year after the February 1, 2023 vesting start date, with the remaining portion vesting monthly over the next three years.
Does Anthony Brown currently own Rank One Computing common stock outright?
The filing shows Brown with 0 shares of common stock directly owned as of the report date. His equity exposure is entirely through stock options that may convert into common shares if exercised in the future.
What does this Form 3 filing mean for Rank One Computing (ROC) investors?
The Form 3 indicates Brown’s initial equity holdings as a company officer, consisting of 250,500 stock options. It is a disclosure of insider ownership, not a buy or sell transaction in the open market.