Rumble (RUM) CFO awarded large RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rumble Inc. Chief Financial Officer Michael Masci received new equity awards in the form of restricted stock units and stock options. He was granted 228,591 shares of Class A common stock that vest in four substantially equal annual installments starting on the first anniversary of the grant date, and an additional 99,800 shares that vest in eight substantially equal quarterly installments beginning on June 30, 2026. Masci also received a stock option for 452,866 shares of Class A common stock at an exercise price of $5.01 per share, vesting in four substantially equal annual installments beginning on the first anniversary of the grant date, and another option for 878,596 shares at the same $5.01 exercise price that vests over five years, with 25% vesting on March 31, 2028 and the remainder vesting in three substantially equal annual installments on March 31, 2029, March 31, 2030, and March 31, 2031. Following the grants, his direct holdings of Class A common stock reported in this filing total 328,391 shares, and his newly granted options cover a combined 1,331,462 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Masci Michael
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 452,866 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 878,596 | $0.00 | -- |
| Grant/Award | Class A Common Stock, par value $0.0001 per share | 99,800 | $0.00 | -- |
| Grant/Award | Class A Common Stock, par value $0.0001 per share | 228,591 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 452,866 shares (Direct);
Class A Common Stock, par value $0.0001 per share — 99,800 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 restricted stock units of the Issuer vesting in eight substantially equal quarterly installments beginning on June 30, 2026. Grant of a stock option 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 over five years, with 25% of the option vesting on March 31, 2028, and the remainder of the option vesting in three substantially equal annual installments on March 31, 2029, March 31, 2030, and March 31, 2031.
Key Figures
RSU grant (annual vesting): 228,591 shares
RSU grant (quarterly vesting): 99,800 shares
Stock option grant 1: 452,866 shares at $5.01
+5 more
8 metrics
RSU grant (annual vesting)
228,591 shares
Class A common stock RSUs vesting in four annual installments
RSU grant (quarterly vesting)
99,800 shares
Class A common stock RSUs vesting in eight quarterly installments from June 30, 2026
Stock option grant 1
452,866 shares at $5.01
Option vesting in four annual installments beginning first anniversary
Stock option grant 2
878,596 shares at $5.01
Option vesting over five years through March 31, 2031
Shares held after grants
328,391 shares
Direct Class A common stock holdings following reported transactions
Total new option coverage
1,331,462 shares
Combined underlying Class A shares from both new option grants
Option expiration
April 1, 2036
Expiration date for both stock option grants
Initial vest date (larger option)
March 31, 2028
25% of larger option vests on this date
Key Terms
restricted stock units, stock option, exercise price, vest, +1 more
5 terms
restricted stock units financial
"Grant of restricted stock units of the Issuer vesting in four substantially equal annual installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
stock option financial
"Grant of a stock option of the Issuer vesting in four substantially equal annual installments"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"conversion_or_exercise_price": "5.0100""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest financial
"vests in eight substantially equal quarterly installments beginning on June 30, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
underlying security financial
"underlying_security_title": "Class A Common Stock, par value $0.0001 per share""
FAQ
What did Rumble (RUM) CFO Michael Masci report in this Form 4?
Michael Masci reported equity compensation grants, not open-market trades. He received new restricted stock units and stock options in Rumble Inc., increasing his direct stock holdings and establishing significant future option-based exposure, all as part of award or grant-type transactions.
What stock options were granted to the Rumble (RUM) CFO and at what exercise price?
He was granted two stock option awards covering 452,866 and 878,596 underlying Class A shares, both with a $5.01 per-share exercise price. These options vest over multi-year schedules, giving him the right to buy Rumble stock at that fixed price when vested.
How do the new restricted stock units for Rumble (RUM) CFO vest over time?
One restricted stock unit grant vests in four substantially equal annual installments starting on the first anniversary of the grant. The second vests in eight substantially equal quarterly installments beginning on June 30, 2026, spreading the share delivery over two years once vesting begins.
What are the vesting terms for the larger Rumble (RUM) stock option grant to the CFO?
The larger option grant vests over five years, with 25% vesting on March 31, 2028. The remaining 75% vests in three substantially equal annual installments on March 31, 2029, March 31, 2030, and March 31, 2031, creating a long-dated incentive structure.