Arthur Laffer details RSU and share stake in Brera Holdings (SLMT)
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Brera Holdings PLC director Arthur B. Laffer filed an initial ownership report showing two types of equity interests. He holds 44,444 Restricted Stock Units (RSUs), each representing one Class B Ordinary Share at an exercise price of $0.00 per share, and 10,000 Class B Ordinary Shares directly.
The RSUs vest in eight equal quarterly installments starting on October 21, 2025, with all unvested units fully vesting upon a change in control, death, disability, retirement, or termination without cause. The RSUs expire on July 21, 2027, the date of the final vesting installment, and 11,112 RSUs were fully vested as of January 21, 2026 but not yet settled into shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LAFFER ARTHUR B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 44,444 shares (Direct);
Class B Ordinary Shares — 10,000 shares (Direct)
Footnotes (1)
- Each RSU represents a contingent right to receive one Class B Ordinary Share nominal value $0.05 per share (the "Class B Ordinary Shares") at an exercise price of $0.00 per share. The RSUs vest in eight equal quarterly installments, commencing on October 21, 2025, subject to the Reporting Person's continued service to the Issuer through each such vesting date. All unvested RSUs will fully accelerate and become immediately vested upon a Change in Control (as defined in the Restricted Stock Award Agreement), death, Disability (as defined in the Restricted Stock Award Agreement), retirement, or termination by the Issuer without Cause (as defined in the Restricted Stock Award Agreement). The expiration date of the RSUs is July 21, 2027, which is the date of the final vesting installment. Includes 11,112 RSUs that have fully vested as of January 21, 2026 but have not yet been settled. Each RSU represents a contingent right to receive one Class B Ordinary Share at an exercise price of $0.00. The Class B Ordinary Shares underlying these vested RSUs will be delivered to the Reporting Person as soon as practicable.
FAQ
What insider position did Arthur B. Laffer report in Brera Holdings (SLMT)?
Arthur B. Laffer reported holding 44,444 Restricted Stock Units and 10,000 Class B Ordinary Shares in Brera Holdings. The RSUs give him the right to receive an equal number of Class B shares at an exercise price of $0.00 per share, subject to vesting conditions.
How do Arthur B. Laffer’s RSUs in Brera Holdings (SLMT) vest?
Laffer’s RSUs vest in eight equal quarterly installments starting October 21, 2025. Vesting requires his continued service through each vesting date. All remaining unvested RSUs will fully vest upon change in control, death, disability, retirement, or termination without cause by the issuer.
When do Arthur B. Laffer’s Brera Holdings RSUs expire?
The RSUs expire on July 21, 2027, the date of the final scheduled vesting installment. After that date, any unvested RSUs would no longer be exercisable. This expiration aligns with the full eight-quarter vesting schedule described in the award terms.
How many Brera Holdings RSUs for Arthur B. Laffer are already vested?
The filing states that 11,112 RSUs were fully vested as of January 21, 2026 but not yet settled. Each vested RSU entitles him to receive one Class B Ordinary Share at an exercise price of $0.00, to be delivered as soon as practicable.
What is the exercise price of Arthur B. Laffer’s RSUs in Brera Holdings (SLMT)?
Each Restricted Stock Unit has an exercise price of $0.00 per underlying Class B Ordinary Share. This means Laffer does not pay cash to receive shares upon settlement, subject to vesting and the other terms outlined in the award agreement.
Do Arthur B. Laffer’s RSUs in Brera Holdings accelerate on a change in control?
Yes. All unvested RSUs will immediately vest upon a change in control, death, disability, retirement, or termination by the issuer without cause. This acceleration feature protects the award’s value for Laffer if significant corporate or employment events occur.