VEEA: CCO Mark Tubinis Granted 125,000 Options at $0.66

Mark Tubinis, Chief Commercial Officer of VEEA Inc. (VEEA), was granted options to purchase 125,000 shares of common stock on 09/29/2025 under the issuer's 2024 Incentive Equity Plan.

Rhea-AI Filing Summary

Mark Tubinis, Chief Commercial Officer of VEEA Inc. (VEEA), was granted options to purchase 125,000 shares of common stock on 09/29/2025 under the issuer's 2024 Incentive Equity Plan. The options have an exercise price of $0.66 and an expiration date of 09/29/2035. Initial vesting of 31,250 options (25%) occurs upon either shareholder approval for the grant or sufficient shares being available under the Plan and filing of a Form S-8, and only after the issuer recognizes $3 million in gross revenue. The remaining 93,750 options (75%) vest quarterly in equal installments over a three-year period following that initial vesting event. The filing lists Tubinis as the direct beneficial owner of 125,000 option-related shares and is signed by him on 10/02/2025.

Positive

• 125,000 option grant aligns executive incentives with company performance
• 25% of options vest upon achieving a clear $3 million gross revenue milestone
• Remaining 75% vests over three years, supporting retention

Negative

• Initial vesting depends on shareholder approval or filing a Form S-8, which may delay vesting
• No current share count or market price disclosed, so dilution impact is not quantifiable from this filing

Insights

Compensation Governance Expert

Grant ties executive pay to a clear revenue milestone and administrative approvals.

The award links 25% of the option grant to the company achieving $3 million in gross revenue, which aligns part of the executive's upside with a concrete business outcome. The remaining 75% vests over three years, encouraging retention.

The initial vesting is also contingent on either shareholder approval or filing a Form S-8, creating an administrative dependency that could delay realization of the economic incentive until compliance steps are completed.

Equity Markets Analyst

125,000 options at an exercise price of $0.66 create potential future share issuance but no immediate share sale.

The options expire on 09/29/2035, providing a long exercise window. As of the filing, 125,000 option-related shares are reported as directly beneficially owned following the grant. The filing does not disclose current outstanding share count or present market price, so potential dilution cannot be quantified from this document alone.

Insider Trade Summary

Grant/Award: 125,000 shares

Grant/Award 1 txn

Insider Tubinis Mark

Role Chief Commercial Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	125,000	$0.00	$0.00

Holdings After Transaction: Stock Option (Right to Buy) — 125,000 contracts (Direct)

Footnotes (1)

1. F1. Represents options to purchase 125,000 shares of common stock of the issuer awarded to Mr. Tubinis under the issuer's 2024 Incentive Equity Plan (the "Plan") on September 29, 2025. The options will vest as follows: upon the occurrence of either (i) the issuer's stockholders' approval for the grant of the shares, or (ii) a sufficient number of shares becoming available under the Plan and a Form S-8 under which the shares under the Plan are registered has been filed with the Securities and Exchange Commission, options to purchase 31,250 shares (25%) will vest upon the issuer recognizing $3 million in gross revenue, and the options to purchase the remaining 93,750 shares (75%) will vest quarterly in equal installments over a three-year period following the initial vesting date.

FAQ

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

What did VEEA (VEEA) report on this Form 4 for Mark Tubinis?

The Form 4 reports a grant of options to purchase 125,000 shares to Mark Tubinis, with an exercise price of $0.66, granted on 09/29/2025.

When do the options vest for the VEEA CCO award?

An initial 25% (31,250) vest upon either shareholder approval or sufficient Plan availability and filing of a Form S-8 and after the company recognizes $3 million in gross revenue; the remaining 75% (93,750) vests quarterly over three years thereafter.

What is the exercise price and expiration for the options granted to Mark Tubinis?

The options have an exercise price of $0.66 and an expiration date of 09/29/2035.

Does the Form 4 show how many shares Tubinis beneficially owns after the grant?

Yes, the filing reports Tubinis as directly beneficially owning 125,000 option-related shares following the reported transaction.

Are there any administrative conditions that affect vesting?

Yes, initial vesting is contingent on either shareholder approval for the grant or sufficient available shares under the Plan and filing a Form S-8 with the SEC.

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

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Accepted by SEC EDGAR 10/02/2025 - 04:05 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

1. Name and Address of Reporting Person^*

Tubinis Mark

(Last) (First) (Middle)

164 EAST 83RD STREET

(Street)

NEW YORK NY 10028

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VEEA INC. [ VEEA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$0.66	09/29/2025		A		125,000		(1)	09/29/2035	Common Stock	125,000	(1)	125,000	D

Explanation of Responses:

1. Represents options to purchase 125,000 shares of common stock of the issuer awarded to Mr. Tubinis under the issuer's 2024 Incentive Equity Plan (the "Plan") on September 29, 2025. The options will vest as follows: upon the occurrence of either (i) the issuer's stockholders' approval for the grant of the shares, or (ii) a sufficient number of shares becoming available under the Plan and a Form S-8 under which the shares under the Plan are registered has been filed with the Securities and Exchange Commission, options to purchase 31,250 shares (25%) will vest upon the issuer recognizing $3 million in gross revenue, and the options to purchase the remaining 93,750 shares (75%) will vest quarterly in equal installments over a three-year period following the initial vesting date.

	/s/ Mark Tubinis	10/02/2025
	** Signature of Reporting Person	Date
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.
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