Splash Beverage (SBEV): exec gets 750,000 warrants at $0.80
Rhea-AI Filing Summary
Splash Beverage Group (SBEV) filed a Form 4 reporting that President and CMO William R. Meissner acquired warrants to purchase 750,000 shares of common stock on 07/31/2025. The warrants have a $0.80 exercise price, are fully vested, became exercisable on 07/31/2025, and expire on 07/31/2030. Following the transaction, 750,000 derivative securities were beneficially owned directly. The grant was approved by the Board and is exempt under Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meissner William R.
Role
President and CMO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Warrants | 750,000 | $0.00 | $0.00 |
Holdings After Transaction:
Warrants — 750,000 shares (Direct)
Footnotes (1)
- F1. The grant of the Issuer's warrants was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors. The warrants are fully vested.
FAQ
What did SBEV disclose in this Form 4?
The company reported that President and CMO William R. Meissner received warrants for 750,000 shares at an exercise price of $0.80 per share.
Who is the reporting person on SBEV’s Form 4?
The reporting person is William R. Meissner, President and CMO.
How many warrants were granted and at what price?
Meissner was granted 750,000 warrants with an exercise price of $0.80 per share.
When do the warrants vest and expire?
They are fully vested, became exercisable on 07/31/2025, and expire on 07/31/2030.
How many derivative securities are beneficially owned after the transaction?
A total of 750,000 derivative securities were beneficially owned directly after the transaction.
Was the grant exempt from short-swing profit rules?
Yes. The grant was exempt under Rule 16b-3 as it was approved by the Board of Directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.