SPLASH BEVERAGE director granted 500,000 stock options
SPLASH BEVERAGE GROUP, INC. director Francis Knuettel II received a grant of stock options as equity compensation.
Rhea-AI Filing Summary
SPLASH BEVERAGE GROUP, INC. director Francis Knuettel II received a grant of stock options as equity compensation. He was awarded 500,000 non-qualified stock options to buy common shares at an exercise price of $0.25 per share, all of which are fully vested.
The options were granted under the company’s 2025 Equity Incentive Plan and were approved by the Board of Directors, making the grant exempt from certain short-swing profit rules under Rule 16b-3. Following this grant, Knuettel holds 500,000 options directly, with an expiration date in 2036. This is a compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 500,000 shares
Grant/Award
1 txn
Insider
Francis Knuettel II
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 500,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options (Right to Buy) — 500,000 contracts (Direct)
Footnotes (1)
- F1. The grant of the Issuer's non-qualified stock options 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 options were granted under the Issuer's 2025 Equity Incentive Plan, and the exercisability of the options is subject to execution of the Issuer's standard form of Stock Option Agreement. The options are fully vested.
Key Figures
Options granted: 500,000 options
Exercise price: $0.25 per share
Underlying shares: 500,000 shares
+2 more
5 metrics
Options granted
500,000 options
Non-qualified stock options granted to director on June 8, 2026
Exercise price
$0.25 per share
Strike price for underlying common stock
Underlying shares
500,000 shares
Common stock issuable upon exercise of options
Expiration date
June 8, 2036
Option term end date
Post-grant holdings
500,000 options
Total derivative holdings following this transaction
Key Terms
non-qualified stock options, Rule 16b-3, 2025 Equity Incentive Plan, Stock Option Agreement
4 terms
non-qualified stock options financial
"The grant of the Issuer's non-qualified stock options was exempt from Section 16(b)..."
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
Rule 16b-3 regulatory
"by virtue of Rule 16b-3 promulgated thereunder, as it was approved..."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
2025 Equity Incentive Plan financial
"The options were granted under the Issuer's 2025 Equity Incentive Plan..."
Stock Option Agreement financial
"subject to execution of the Issuer's standard form of Stock Option Agreement."
A stock option agreement is a formal contract that gives an individual the right to buy or sell a specific number of shares of a company's stock at a set price within a certain period. For investors, it’s an important tool because it can provide opportunities to profit from stock price movements or to protect against potential losses, making it a key element in financial planning and investment strategies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Francis Knuettel II receive in this SPLASH BEVERAGE (SBEV) Form 4 filing?
Francis Knuettel II received a grant of 500,000 non-qualified stock options. These options give him the right to buy SPLASH BEVERAGE common stock at a fixed exercise price as part of his director compensation package, rather than through open-market transactions.
What is the exercise price of the SPLASH BEVERAGE (SBEV) stock options granted to Francis Knuettel II?
The stock options granted to Francis Knuettel II have an exercise price of $0.25 per share. This means he can purchase SPLASH BEVERAGE common stock at $0.25 per share when exercising these fully vested options before they expire in 2036.
How many SPLASH BEVERAGE (SBEV) options does Francis Knuettel II hold after this grant?
After this grant, Francis Knuettel II holds 500,000 stock options directly. All 500,000 options were acquired in this single grant and are fully vested, giving him the right to purchase an equal number of SPLASH BEVERAGE common shares at the specified exercise price.
When do Francis Knuettel II’s SPLASH BEVERAGE (SBEV) stock options expire?
Francis Knuettel II’s stock options are scheduled to expire on June 8, 2036. He must exercise any or all of the 500,000 fully vested options before that expiration date if he wishes to convert them into SPLASH BEVERAGE common shares at the $0.25 exercise price.
Were the SPLASH BEVERAGE (SBEV) options granted to Francis Knuettel II approved under a company plan?
Yes, the options were granted under SPLASH BEVERAGE’s 2025 Equity Incentive Plan. The Board of Directors approved the grant, and the options’ exercisability is subject to the company’s standard Stock Option Agreement, with the grant exempt under Rule 16b-3 of the Exchange Act.
Are Francis Knuettel II’s SPLASH BEVERAGE (SBEV) option grants open-market transactions?
No, the Form 4 reflects a compensation-related grant of stock options, not an open-market trade. The options were awarded at no cost, have a $0.25 exercise price, and were approved by the Board under the 2025 Equity Incentive Plan, fully vesting at grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
