Splash Beverage CEO receives 750,000 warrants; expires 2030
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nistico Robert
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Warrants | 750,000 | $0.00 | -- |
Holdings After Transaction:
Warrants — 750,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did SBEV disclose in this Form 4?
A grant of 750,000 warrants to Robert Nistico on July 31, 2025 at an exercise price of $0.80.
Who is the reporting person and role at SBEV?
Robert Nistico, CEO and Chairman, also a Director and 10% Owner.
What is the vesting schedule for the warrants?
One third vests upon completion of the repayment by the Company of the UpTime Investors; the remaining two thirds vest quarterly over two years starting October 31, 2025.
When do the warrants expire?
The warrants expire on July 31, 2030.
How many derivative securities were beneficially owned after the transaction?
750,000 derivative securities were beneficially owned following the reported transaction.
Was the grant exempt under SEC rules?
Yes. The filing states the grant was exempt under Rule 16b-3 as approved by the Board of Directors.
What ownership form was reported for these securities?
Ownership was reported as Direct.