Tucows director granted 3,750 stock options
Tucows Inc. director Lee Matheson received a new stock option grant.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Tucows Inc. director Lee Matheson received a new stock option grant. On June 2, 2026, he was granted options to acquire 3,750 shares of Tucows common stock at an exercise price of $14.66 per share, expiring on June 2, 2031.
The options were granted as compensation, not bought on the open market, and are held directly. Following this grant, his reported derivative holdings in this filing consist of these 3,750 stock options linked to Tucows common shares.
Insider Trade Summary
Grant/Award: 3,750 shares
Grant/Award
1 txn
Insider
Matheson Lee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to buy) | 3,750 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to buy) — 3,750 contracts (Direct)
Holdings Before and After:
Stock Option (Right to buy), 0 to 3,750 contracts (Direct)
Key Figures
Options granted: 3,750 options
Exercise price: $14.66 per share
Underlying shares: 3,750 shares
+2 more
5 metrics
Options granted
3,750 options
Stock Option (Right to buy) granted June 2, 2026
Exercise price
$14.66 per share
Conversion or exercise price of stock options
Underlying shares
3,750 shares
Common Stock underlying the options
Expiration date
June 2, 2031
Option expiration for granted stock options
Total derivative holdings after grant
3,750 options
Total shares following transaction (derivative securities)
Key Terms
Stock Option (Right to buy), exercise price, expiration date, Common Stock, +1 more
5 terms
Stock Option (Right to buy) financial
"security_title: Stock Option (Right to buy)"
exercise price financial
"conversion_or_exercise_price: 14.6600"
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: 2031-06-02T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
derivative securities financial
"derivativeTransactionCount: 1"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Tucows (TCX) director Lee Matheson report in this Form 4?
Lee Matheson reported receiving a stock option grant for 3,750 shares of Tucows common stock. The options were awarded as compensation, not purchased in the market, and give him the right to buy shares at a fixed exercise price.
What is the exercise price of Lee Matheson’s Tucows (TCX) stock options?
The options have an exercise price of $14.66 per share. This means Matheson can buy Tucows common stock at $14.66 for each option exercised, if conditions are met and the options are exercised before they expire.
When do Lee Matheson’s Tucows (TCX) stock options expire?
The stock options expire on June 2, 2031. After that date, any unexercised options become worthless, so exercise must occur on or before the expiration date if he chooses to use the grant.
Is Lee Matheson’s Tucows (TCX) option grant an open-market transaction?
No. The filing classifies the transaction as a grant, award, or other acquisition of options, not an open-market buy or sell. It reflects compensation granted by the company rather than a trade on an exchange.
How many derivative securities does Lee Matheson hold after this Tucows (TCX) grant?
Following the reported transaction, Matheson holds 3,750 stock options as derivative securities in this filing. Each option is linked to one share of Tucows common stock, providing potential future ownership if exercised.
AI-generated analysis. How Rhea-AI works. Not financial advice.
