STOCK TITAN

Vertical Data corrects option exercise price to $0.05

The amendment changes the reported option exercise price from $0.50 to $0.05 per share; the acquired and post-transaction share counts are unchanged.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4/A

Rhea-AI Filing Summary

Vertical Data Inc. (VDTA) director David Hackett amended his reported January 23, 2026 stock-option exercise, exercising options to acquire 187,500 common shares at an exercise price of $0.05 per share. The amendment corrects the previously reported price of $0.50 per share; the number of shares acquired and beneficially owned following the transaction remained unchanged. Hackett directly held 357,500 shares following the transaction.

Insider HACKETT DAVID
Role Director
Type Security Shares Price Value
Exercise Common Stock F1 187,500 $0.05 $9K
Holdings After Transaction: Common Stock — 357,500 shares (Direct)
Footnotes (1)
  1. F1. This Amendment No. 1 amends the Form 4 filed March 26, 2026 to amend the Table I line reporting the January 23, 2026 exercise of stock options. The original Form 4 reported a price of $0.50 per share. The exercise price of the options is $0.05 per share, as set forth in the applicable Stock Option Notice. The number of shares acquired and the number of shares beneficially owned following the transaction are unchanged.
Shares acquired 187,500 shares Stock-option exercise on January 23, 2026
Exercise price $0.05 per share Corrected price for the January 23, 2026 exercise
Direct shares following transaction 357,500 shares Common Stock held by David Hackett after the exercise
Previously reported exercise price $0.50 per share Price corrected by the amendment
stock options financial
"exercise of stock options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"The exercise price of the options is $0.05 per share"
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.
beneficially owned financial
"shares beneficially owned following the transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did David Hackett acquire in the VDTA transaction?

David Hackett exercised stock options to acquire 187,500 common shares on January 23, 2026, at an exercise price of $0.05 per share. He directly held 357,500 shares following the transaction.

What did David Hackett's VDTA Form 4/A change?

It corrected the reported exercise price for the January 23, 2026 stock-option exercise from $0.50 per share to $0.05 per share. The amendment states that the number of shares acquired and the number beneficially owned following the transaction were unchanged.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HACKETT DAVID

(Last)(First)(Middle)
C/O VERTICAL DATA INC.
1980 FESTIVAL PLAZA DRIVE, SUITE 300

(Street)
LAS VEGAS NEVADA 89135

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Vertical Data Inc. [ VDTA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/26/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock01/23/2026M187,500A$0.05(1)357,500D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This Amendment No. 1 amends the Form 4 filed March 26, 2026 to amend the Table I line reporting the January 23, 2026 exercise of stock options. The original Form 4 reported a price of $0.50 per share. The exercise price of the options is $0.05 per share, as set forth in the applicable Stock Option Notice. The number of shares acquired and the number of shares beneficially owned following the transaction are unchanged.
Remarks:
Only the line being amended is set forth above, in accordance with General Instruction 8.
/s/ David Hackett10/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading