SBEV CEO granted 750,000 warrants at $0.80, vesting from 2025
Splash Beverage Group (SBEV) filed a Form 4 showing CEO and Chairman Robert Nistico, also a Director and 10% Owner, was granted 750,000 warrants on July 31, 2025 with an exercise price of $0.80 and expiration on July 31, 2030.
Rhea-AI Filing Summary
Splash Beverage Group (SBEV) filed a Form 4 showing CEO and Chairman Robert Nistico, also a Director and 10% Owner, was granted 750,000 warrants on July 31, 2025 with an exercise price of $0.80 and expiration on July 31, 2030. The filing notes the grant was approved by the Board under Rule 16b-3. One third vests upon completion of the repayment by the Company of the UpTime Investors, with the remaining two thirds vesting quarterly over two years, starting October 31, 2025. Ownership of the derivative securities is reported as Direct.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Warrants | 750,000 | $0.00 | $0.00 |
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 shall vest as follows: one third upon completion of the repayment by the Company of the UpTime Investors and the other two thirds vesting quarterly over a two-year period with the first vesting date on October 31, 2025.
FAQ
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What did SBEV disclose in this Form 4?
Who is the reporting person and role at SBEV?
What is the vesting schedule for the warrants?
When do the warrants expire?
How many derivative securities were beneficially owned after the transaction?
Was the grant exempt under SEC rules?
What ownership form was reported for these securities?
AI-generated analysis. How Rhea-AI works. Not financial advice.