RRE Ventures (RREVU) director awarded private warrants and Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RRE Ventures Acquisition Corp. director James Steven Gertler reported compensation-related equity grants. He received 125,000 private placement warrants on May 1, 2026 at $1.00 per warrant, each exercisable for one Class A Ordinary Share at an exercise price of $11.50. He was also awarded 30,000 Class B Ordinary Shares on March 2, 2026 and a further 37,500 Class B Ordinary Shares on March 24, 2026, taking his Class B holdings to 67,500 shares. The Class B Ordinary Shares automatically convert into Class A Ordinary Shares on a one-for-one basis at the company’s initial business combination, or earlier at his option, and the private placement warrants become exercisable 30 days after that business combination and expire five years later or earlier upon liquidation.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gertler James Steven
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Warrant | 125,000 | $1.00 | $125K |
| Grant/Award | Class B Ordinary Shares | 37,500 | $0.00 | -- |
| Grant/Award | Class B Ordinary Shares | 30,000 | $0.00 | -- |
Holdings After Transaction:
Warrant — 125,000 shares (Direct, null);
Class B Ordinary Shares — 67,500 shares (Direct, null)
Footnotes (1)
- The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the Reporting Person, on a one-for-one basis, subject to adjustment, and have no expiration date. These securities were previously reported on a Form 3 filed by the Reporting Person. The private placement warrants will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the Issuer's initial business combination or earlier upon liquidation.
Key Figures
Private placement warrants granted: 125,000 warrants
Warrant exercise price: $11.50 per share
First Class B grant: 30,000 shares
+3 more
6 metrics
Private placement warrants granted
125,000 warrants
Awarded on May 1, 2026 at $1.00 per warrant; exercise price $11.50
Warrant exercise price
$11.50 per share
Exercise price for private placement warrants into Class A Ordinary Shares
First Class B grant
30,000 shares
Class B Ordinary Shares granted on March 2, 2026 at $0.00
Second Class B grant
37,500 shares
Additional Class B Ordinary Shares granted on March 24, 2026 at $0.00
Class B holdings after March 24 grant
67,500 shares
Total Class B Ordinary Shares held directly after March 24, 2026
Underlying Class A shares from warrants
125,000 shares
Class A Ordinary Shares underlying the 125,000 private placement warrants
Key Terms
Class B Ordinary Shares, Class A Ordinary Shares, private placement warrants, initial business combination, +1 more
5 terms
private placement warrants financial
"The private placement warrants will become exercisable 30 days after the completion of the Issuer's initial business combination"
Private placement warrants are tradable coupons given directly to a limited group of investors that let the holder buy a company's shares at a fixed price before a set expiration date. They matter to investors because they can provide extra upside if the stock rises and give companies a way to raise money outside a public offering, but they also can increase the number of shares outstanding (dilution) and therefore affect share value and investor returns.
initial business combination financial
"at the time of the Issuer's initial business combination, or at any time prior thereto at the option of the Reporting Person"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
Form 3 regulatory
"These securities were previously reported on a Form 3 filed by the Reporting Person"
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.
FAQ
What did RRE Ventures (RREVU) director James Gertler report on this Form 4?
James Steven Gertler reported equity awards in RRE Ventures Acquisition Corp. He received grants of private placement warrants and Class B Ordinary Shares, which are compensation-related acquisitions rather than open-market purchases or sales of the company’s stock.
How many private placement warrants did James Gertler receive in RRE Ventures (RREVU)?
He received 125,000 private placement warrants in RRE Ventures Acquisition Corp. Each warrant was granted at a price of $1.00 and is exercisable to acquire one Class A Ordinary Share at an exercise price of $11.50 per share.
When can the RRE Ventures (RREVU) private placement warrants be exercised and when do they expire?
The private placement warrants become exercisable 30 days after completion of RRE Ventures Acquisition Corp.’s initial business combination. They expire five years after that business combination is completed or earlier if the company is liquidated, as described in the Form 4 footnotes.