Vision Marine director lists option on 1 share
Vision Marine Technologies Inc. (VMAR) reported the initial beneficial ownership of director Philippe Couillard on a Form 3.
Rhea-AI Filing Summary
Vision Marine Technologies Inc. (VMAR) reported the initial beneficial ownership of director Philippe Couillard on a Form 3. The filing lists a derivative position consisting of options linked to 1.0000 common share, with an exercise price of 18,522,000.0000 and an expiration date of December 29, 2028, held as a direct ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Couillard Philippe
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
Holdings After Transaction:
Options — 1 contracts (Direct)
Key Figures
Underlying common shares: 1.0000 share
Shares beneficially owned following holding entry: 1.0000 share
Exercise price: 18,522,000.0000
+2 more
5 metrics
Underlying common shares
1.0000 share
Underlying security shares for the options reported for Philippe Couillard
Shares beneficially owned following holding entry
1.0000 share
Total shares following the reported derivative holding entry
Exercise price
18,522,000.0000
Exercise price reported for the options on VMAR common shares
Expiration date
2028-12-29
Options expiration date for the derivative position held by Philippe Couillard
Exercise date
2024-09-29
Exercise date field associated with the reported options position
Key Terms
Form 3, beneficial ownership, underlying security, derivative position
4 terms
Form 3 regulatory
"INSIDER FILING DATA (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"reported the initial beneficial ownership of director Philippe Couillard"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
underlying security financial
"underlying_security_title": "Common Share""
derivative position financial
"derivative position consisting of options linked to 1.0000 common share"
A derivative position is an investor’s current holding in one or more financial contracts whose value is derived from an underlying asset, index, interest rate, or credit instrument — for example options, futures, or swaps. It matters because derivative positions can change an investor’s exposure, risk, and potential obligations without owning the underlying asset, like using a levered or insurance-like tool; they affect margin, cash flow and the overall risk profile of a portfolio.
FAQ
What does VMAR’s Form 3 filing report for Philippe Couillard?
The Form 3 for VMAR reports director Philippe Couillard’s initial beneficial ownership, showing a derivative position in options tied to 1.0000 common share, held directly.
What is the exercise price of Philippe Couillard’s VMAR options?
The Form 3 shows an exercise price of 18,522,000.0000 for the options held by director Philippe Couillard, as reported in the derivative position information for Vision Marine Technologies Inc. (VMAR).
When do Philippe Couillard’s VMAR options expire?
The options held by Philippe Couillard related to VMAR common shares have an expiration date of December 29, 2028, according to the derivative position details in the Form 3 filing.
Is Philippe Couillard’s VMAR options position held directly or indirectly?
The Form 3 indicates that Philippe Couillard’s options position in VMAR, covering 1.0000 underlying common share, is held as a direct ownership interest, with ownership code “D.”
AI-generated analysis. How Rhea-AI works. Not financial advice.
