Rumble (NASDAQ: RUM) CTO awarded 435,447 options and 95,655 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rumble Inc. reported that Chief Technology Officer Wojciech Hlibowicki received new equity awards. He was granted a stock option covering 435,447 shares of Class A common stock at an exercise price of $5.23 per share, expiring on March 10, 2036. The option vests in four substantially equal annual installments beginning on the first anniversary of the grant date. He also received 95,655 restricted stock units that vest on the same four-year schedule. Following the grant, his directly owned Class A common stock holdings total 180,754 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hlibowicki Wojciech
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 435,447 | $0.00 | -- |
| Grant/Award | Class A Common Stock, par value $0.0001 per share | 95,655 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 435,447 shares (Direct);
Class A Common Stock, par value $0.0001 per share — 180,754 shares (Direct)
Footnotes (1)
- Grant of restricted stock units of the Issuer vesting in four substantially equal annual installments beginning on the first anniversary of the grant date. Grant of a stock option of the Issuer vesting in four substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
What insider transaction did Rumble (RUM) report for CTO Wojciech Hlibowicki?
Rumble reported that CTO Wojciech Hlibowicki received equity awards. He was granted 435,447 stock options and 95,655 restricted stock units, both vesting over four years starting one year after the grant date.
How many stock options did the Rumble (RUM) CTO receive and at what exercise price?
The CTO received a stock option covering 435,447 shares at an exercise price of $5.23 per share. This option gives him the right to buy Rumble Class A common stock at that price until March 10, 2036.
What restricted stock unit (RSU) grant did Rumble (RUM) make to its CTO?
Rumble granted Chief Technology Officer Wojciech Hlibowicki 95,655 restricted stock units. These RSUs represent rights to receive an equivalent number of Class A shares, vesting in four substantially equal annual installments beginning on the first anniversary of the grant.
What is the vesting schedule for the Rumble (RUM) CTO’s new equity awards?
Both the stock options and RSUs vest in four substantially equal annual installments. Vesting begins on the first anniversary of the grant date, effectively spreading full vesting for each award over four years of continued service.
When do the new Rumble (RUM) stock options granted to the CTO expire?
The stock options granted to Rumble’s Chief Technology Officer expire on March 10, 2036. Until that date, once vested, they allow him to purchase Class A common shares at an exercise price of $5.23 per share.