Long-term option award reported at Grupo Supervielle (NYSE: SUPV)
Rhea-AI Filing Summary
Grupo Supervielle S.A. officer Juan Manuel Truppia filed an initial ownership report showing a stock option award linked to 346,020 Class B ordinary shares. These options are in the form of American Depositary Shares (ADS), each ADS representing five Class B ordinary shares.
The award vests in stages: 10% on December 31, 2028, 20% on December 31, 2029, 30% on December 31, 2030, and 40% on December 31, 2031. The exercise price is $8.44 per ADS, and the options expire on October 1, 2032, giving the officer long-dated equity-linked exposure to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Truppia Juan Manuel
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 346,020 shares (Direct)
Footnotes (2)
- F1. Reflects an option award granted in the form of American Depositary Shares ("ADS"), each of which represents five Class B ordinary shares of the Issuer that vests as follows: 10% on December 31, 2028; 20% on December 31, 2029; 30% on December 31, 2030, and 40% on December 31, 2031.
- F2. The exercise price of this option is $8.44 per ADS.
Key Figures
Underlying shares: 346,020 Class B ordinary shares
Exercise price: $8.44 per ADS
First vesting tranche: 10%
+4 more
7 metrics
Underlying shares
346,020 Class B ordinary shares
Shares underlying reported stock options
Exercise price
$8.44 per ADS
Exercise price of the option award
First vesting tranche
10%
Vests on December 31, 2028
Second vesting tranche
20%
Vests on December 31, 2029
Third vesting tranche
30%
Vests on December 31, 2030
Final vesting tranche
40%
Vests on December 31, 2031
Option expiration
October 1, 2032
Expiration date of stock options
Key Terms
American Depositary Shares ("ADS"), Stock Options (Right to Buy), Class B ordinary shares, exercise price, +1 more
5 terms
Stock Options (Right to Buy) financial
"security_title": "Stock Options (Right to Buy)""
exercise price financial
"The exercise price of this option is $8.44 per ADS."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vests financial
"that vests as follows: 10% on December 31, 2028; 20% on"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Grupo Supervielle (SUPV) disclose in this Form 3?
The Form 3 shows officer Juan Manuel Truppia holds a stock option award tied to 346,020 Class B ordinary shares via ADS. It establishes his initial derivative equity position with specific vesting dates and an option expiration in 2032.
What is the exercise price of Truppia’s Grupo Supervielle ADS options?
The exercise price is $8.44 per ADS for the reported stock option award. This price is fixed in the filing and applies when exercising ADS options that each represent five Class B ordinary shares of Grupo Supervielle.
When do the reported SUPV option awards vest for Juan Manuel Truppia?
The options vest in four tranches: 10% on December 31, 2028, 20% on December 31, 2029, 30% on December 31, 2030, and 40% on December 31, 2031, creating a long-term vesting schedule.
When do Juan Manuel Truppia’s Grupo Supervielle options expire?
The stock options reported in the Form 3 expire on October 1, 2032. After this date, any unexercised options will lapse according to the terms described, limiting the time window in which they can be exercised.
Are there any buy or sell transactions reported for SUPV in this Form 3?
No buy or sell transactions are reported; the Form 3 records a holding of stock options. It serves as an initial statement of beneficial ownership, detailing Truppia’s existing derivative position rather than new market trades.