TAO Synergies (TAOX) grants CFO 30,000 stock options at $4.80
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAO Synergies Inc. Chief Financial Officer Robert Weinstein received a grant of stock options to acquire 30,000 shares of common stock at an exercise price of $4.80 per share. According to the grant, all options vest after the completion of one year of service following May 18, 2026 and expire on May 18, 2036, leaving him with 30,000 options outstanding from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WEINSTEIN ROBERT
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 30,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 30,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 30,000 options
Exercise price: $4.80 per share
Underlying shares: 30,000 shares
+2 more
5 metrics
Options granted
30,000 options
Stock Option (Right to Buy) grant to CFO
Exercise price
$4.80 per share
Conversion or exercise price of options
Underlying shares
30,000 shares
Common Stock underlying granted options
Expiration date
May 18, 2036
Options end of term
Options held after grant
30,000 options
Total derivative securities following transaction
Key Terms
Stock Option (Right to Buy), Grant, award, or other acquisition, Common Stock, par value $0.0001 per share, Chief Financial Officer
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Chief Financial Officer financial
"officer_title: Chief Financial Officer"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
FAQ
What insider transaction did TAO Synergies (TAOX) report for Robert Weinstein?
TAO Synergies reported that CFO Robert Weinstein received a grant of 30,000 stock options. These options give him the right to buy common shares at a fixed $4.80 exercise price, reflecting equity-based compensation rather than a market purchase or sale.
How many TAO Synergies (TAOX) options were granted to the CFO?
The CFO was granted 30,000 stock options linked to TAO Synergies common stock. Each option represents the right to buy one share, creating potential future ownership if the options vest and he chooses to exercise them.
What is the exercise price of the TAO Synergies (TAOX) options granted?
The granted stock options carry an exercise price of $4.80 per share. This means Weinstein can later purchase TAO Synergies common stock at $4.80, regardless of the market price at the time of exercise, once the options vest.
When do the TAO Synergies (TAOX) CFO stock options vest?
All of the CFO’s options vest after completion of one year of service following May 18, 2026. Vesting is the point when he can first exercise the options, aligning the award with his continued employment at TAO Synergies.
When do the newly granted TAO Synergies (TAOX) options expire?
The granted stock options expire on May 18, 2036. After this expiration date, any unexercised options will lapse, so Weinstein must exercise vested options before that date to acquire the underlying common shares.
Is the TAO Synergies (TAOX) CFO transaction a stock sale or purchase?
The transaction is an award of stock options, not an open-market stock sale or purchase. It is classified as a grant or other acquisition, providing potential future share ownership instead of immediate trading in TAO Synergies stock.