Safe Pro CEO sells 1M shares, grants 1M-share option
Safe Pro Group Inc. (SPAI) Chairman and CEO Daniyel Erdberg reported a private transaction on September 9, 2026 involving both common stock and a call option.
Rhea-AI Filing Summary
Safe Pro Group Inc. (SPAI) Chairman and CEO Daniyel Erdberg reported a private transaction on September 9, 2026 involving both common stock and a call option. He sold 1,000,000 shares of restricted common stock at $4.00 per share and granted the purchaser a two-year right to buy an additional 1,000,000 shares of common stock at $6.00 per share. After the sale, he held 3,749,058 common shares directly, excluding 470,000 shares held by DL2 Capital LLC and 178,000 shares held by Erdberg Foundation Inc., each of which he is described as the beneficial owner. No Rule 10b5-1 trading plan is reported for these transactions.
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Insights
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Insider Trade Summary
Net Seller: 1,000,001 shares
Net Sell
2 txns
Insider
ERDBERG DANIYEL
Role
Chairman and CEO
Sold
1,000,001 shs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Call option (obligated to sell) F1 | 1 | -- | -- |
| Sale | Common Stock F1, F2 | 1,000,000 | $4.00 | $4.00M |
Holdings After Transaction:
Call option (obligated to sell) — 1 contracts (Direct);
Common Stock — 3,749,058 shares (Direct)
Footnotes (2)
- F1. On September 9, 2026, the Reporting Person entered into a private transaction for the sale of 1,000,000 shares of restricted common stock at a purchase price of $4.00 per share and granted the purchaser the right for two years to purchase an additional 1,000,000 shares of common stock at a purchase price of $6.00 per share.
- F2. Does not include 470,000 shares of common stock held in the name of DL2 Capital LLC, of which Mr. Erdberg is the beneficial owner and 178,000 shares of common stock held in the name of Erdberg Foundation Inc., of which Mr. Erdberg is the beneficial owner.
Key Figures
Restricted common shares sold: 1,000,000 shares
Sale price per restricted share: $4.00 per share
Call option underlying shares: 1,000,000 shares
+5 more
8 metrics
Restricted common shares sold
1,000,000 shares
Private transaction by CEO on September 9, 2026
Sale price per restricted share
$4.00 per share
Purchase price in private sale of 1,000,000 shares
Call option underlying shares
1,000,000 shares
Additional common stock subject to two-year purchase right
Call option exercise price
$6.00 per share
Purchase price for additional 1,000,000 shares under option
Option expiration date
September 9, 2028
Expiration of purchaser’s right to buy additional shares
Direct common shares after transaction
3,749,058 shares
CEO’s direct holdings following September 9, 2026 sale
Indirect DL2 Capital LLC shares
470,000 shares
Common stock held by DL2 Capital LLC, beneficially owned by CEO
Indirect Erdberg Foundation Inc. shares
178,000 shares
Common stock held by Erdberg Foundation Inc., beneficially owned by CEO
Key Terms
restricted common stock, call option, beneficial owner, private transaction
4 terms
restricted common stock financial
"sale of 1,000,000 shares of restricted common stock at a purchase price"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
call option financial
"granted the purchaser the right for two years to purchase an additional"
A call option is a contract that gives its buyer the right, but not the obligation, to buy a specific number of shares at a predetermined price within a set time period. Think of it as a refundable reservation to buy an item later at today’s price: you pay a fee up front and can profit if the stock rises, while your downside is limited to that fee; investors use calls to gain leverage, speculate on upside, or hedge positions without owning the shares.
beneficial owner financial
"of which Mr. Erdberg is the beneficial owner and 178,000 shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
private transaction financial
"entered into a private transaction for the sale of 1,000,000 shares"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SPAI CEO Daniyel Erdberg report on September 9, 2026?
He reported a private sale of 1,000,000 shares of restricted common stock of Safe Pro Group Inc. at $4.00 per share and the grant of a call option giving the purchaser a two-year right to buy an additional 1,000,000 shares at $6.00 per share.
What are the terms of the call option reported in the SPAI Form 4 filing?
The filing states the purchaser received a right for two years to purchase 1,000,000 additional shares of Safe Pro Group Inc. common stock at a purchase price of $6.00 per share, with the option expiring on September 9, 2028.
Was the SPAI insider transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 section indicates no trading plan is reported for these transactions, and the footnotes describing the September 9, 2026 private sale and call option do not reference a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
