Form 4: 374Water CFO option grant; total derivatives now 808,642
Rhea-AI Filing Summary
374Water (SCWO) reported a Form 4 for its Chief Financial Officer, showing a grant of 500,000 stock options on 10/09/2025 at an exercise price of $0.6 per share. The filing lists 808,642 derivative securities beneficially owned after the transaction.
According to the award terms, 50% of the options vest on the first anniversary of the grant date and the remaining 50% vest on the second anniversary, subject to continued service. Unvested options fully vest upon an involuntary termination without cause. The options expire ten years from the grant date, unless terminated earlier under the grant agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Russell Kline
Role
Chief Financial Officer
| 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) — 808,642 shares (Direct)
Footnotes (1)
- F1. . Represents stock options granted to the Reporting Person as a special retention incentive award in connection with his continued service as Chief Financial Officer of 374Water Inc. (the "Company"). 50% of the stock options vest and become exercisable on the first anniversary of the grant date and the remaining 50% of the stock options vest and become exercisable on the second anniversary of the grant date, subject to the Reporting Person's continuous service through each vesting date. In the event of an involuntary termination of the Reporting Person without cause, all remaining unvested stock options will vest and become exercisable immediately. Upon vesting, each stock option gives the Reporting Person the right to purchase one share of the Company's Common Stock at the exercise price. The stock options expire on the date which is ten years from the grant date, unless earlier terminated in accordance with the stock option grant agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did 374Water (SCWO) disclose in the Form 4?
A grant of 500,000 stock options to the Chief Financial Officer on 10/09/2025 at an exercise price of $0.6 per share.
What is the vesting schedule for the SCWO CFO’s options?
50% vest on the first anniversary of the grant date and the remaining 50% on the second anniversary, subject to continued service.
Do the options have acceleration provisions?
Yes. Upon an involuntary termination without cause, all remaining unvested options vest immediately.
When do the options expire?
They expire ten years from the grant date, unless earlier terminated under the grant agreement.
How many derivative securities does the CFO hold after this grant?
The filing lists 808,642 derivative securities beneficially owned after the reported transaction.
What ownership form is shown for the reported derivatives?
The options are reported as Direct (D) ownership.