Director at TAO Synergies (TAOX) granted 55,000 stock options
Rhea-AI Filing Summary
TAO Synergies Inc. director Bruce Bernstein received a grant of stock options to acquire 55,000 shares of common stock. The options have an exercise price of $4.80 per share and expire on May 18, 2036. All of the options vest and become exercisable after the completion of one year of service following May 18, 2026, leaving Bernstein with 55,000 stock options reported as directly owned after this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bernstein Bruce
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 55,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 55,000 shares (Direct)
Footnotes (1)
- F1. All of the holder's options shall vest and become immediately exercisable upon the holder's completion of one year of service following May 18, 2026.
Key Figures
Options granted: 55,000 options
Exercise price: $4.80 per share
Expiration date: May 18, 2036
+2 more
5 metrics
Options granted
55,000 options
Stock Option (Right to Buy) grant to director Bruce Bernstein
Exercise price
$4.80 per share
Exercise price for TAO Synergies common stock underlying options
Expiration date
May 18, 2036
Option expiration for Bruce Bernstein’s grant
Underlying shares
55,000 shares
Common stock underlying granted options
Post-grant derivative holdings
55,000 options
Total derivative securities following the transaction
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, grant/award acquisition, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 4.8000"
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.
expiration date financial
"expiration_date: 2036-05-18T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
vest and become immediately exercisable financial
"All of the holder's options shall vest and become immediately exercisable upon the holder's completion of one year of service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did TAO Synergies (TAOX) report for Bruce Bernstein?
TAO Synergies reported that director Bruce Bernstein received a grant of 55,000 stock options. These options give him the right to buy common shares at a fixed price, providing equity-based compensation instead of an immediate cash transaction.
How many TAO Synergies (TAOX) stock options were granted to Bruce Bernstein?
Bruce Bernstein was granted 55,000 stock options. Each option relates to one share of TAO Synergies common stock, giving him potential future ownership if he chooses to exercise the options after they vest and before they expire.
What is the exercise price of Bruce Bernstein’s TAO Synergies (TAOX) stock options?
The exercise price of Bruce Bernstein’s stock options is $4.80 per share. This is the fixed price at which he can buy TAO Synergies common stock once the options have vested and for as long as they remain outstanding before expiration.
When do Bruce Bernstein’s TAO Synergies (TAOX) stock options vest?
All of Bruce Bernstein’s stock options vest after he completes one year of service following May 18, 2026. Vesting means the options become exercisable, allowing him to potentially purchase shares at the predetermined $4.80 exercise price.
When do Bruce Bernstein’s TAO Synergies (TAOX) stock options expire?
Bruce Bernstein’s stock options expire on May 18, 2036. After this date, any unexercised options become worthless, so he could only benefit from them by exercising during the period after vesting and before this expiration date.
How many TAO Synergies (TAOX) stock options does Bruce Bernstein hold after this grant?
Following the reported grant, Bruce Bernstein holds 55,000 stock options. The filing shows this total as directly owned derivative securities, all tied to TAO Synergies common stock subject to the vesting and expiration terms disclosed.