Vivmark director granted 18,559 stock options
Vivmark Residential (VMRK) reported that director David J. Neithercut received a grant of 18,559 non-qualified stock options to buy Common Shares of Beneficial Interest.
Rhea-AI Filing Summary
Vivmark Residential (VMRK) reported that director David J. Neithercut received a grant of 18,559 non-qualified stock options to buy Common Shares of Beneficial Interest. The options have an exercise price of $63.66 per share, become exercisable on August 17, 2027, and expire on August 17, 2036. The grant represents compensation for prospective service from August 17, 2026 through the 2027 Annual Meeting of Shareholders, and Neithercut now holds 18,559 options directly.
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Insider Trade Summary
Grant/Award: 18,559 shares
Grant/Award
1 txn
Insider
NEITHERCUT DAVID J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) F1 | 18,559 | $0.00 | $0.00 |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 18,559 contracts (Direct)
Footnotes (1)
- F1. Represents share options granted for prospective service from August 17, 2026 to the 2027 Annual Meeting of Shareholders.
Key Figures
Options Granted: 18,559 shares
Exercise Price: $63.66 per share
Underlying Shares: 18,559 shares
+3 more
6 metrics
Options Granted
18,559 shares
Non-qualified stock option grant to director on August 17, 2026
Exercise Price
$63.66 per share
Conversion or exercise price for the non-qualified stock option grant
Underlying Shares
18,559 shares
Common Shares of Beneficial Interest underlying the option grant
Exercise Date
August 17, 2027
Date on which the options become exercisable
Expiration Date
August 17, 2036
Expiration date of the non-qualified stock option grant
Total Options After Transaction
18,559 options
Total options held directly by the director following this grant
Key Terms
Non-qualified Stock Option, exercise price, expiration date, Common Shares Of Beneficial Interest
4 terms
Non-qualified Stock Option financial
"security_title: "Non-qualified Stock Option (Right to Buy)""
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
exercise price financial
"conversion_or_exercise_price: "63.6600""
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: "2036-08-17""
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.
FAQ
What insider transaction did Vivmark Residential (VMRK) report for David J. Neithercut?
Vivmark Residential reported that director David J. Neithercut received a grant of 18,559 non-qualified stock options. These options relate to Common Shares of Beneficial Interest and constitute compensation for prospective board service through the 2027 Annual Meeting of Shareholders.
What is the exercise price of the options granted to the VMRK director?
The options granted to the Vivmark Residential director have an exercise price of $63.66 per share. This price applies to each of the 18,559 underlying common shares that may be purchased upon exercise during the option term.
When do David J. Neithercut’s Vivmark Residential (VMRK) options become exercisable?
The options granted to David J. Neithercut become exercisable on August 17, 2027. After this date, he may purchase up to 18,559 common shares at the fixed exercise price of $63.66 per share before the options expire.
When do the newly granted Vivmark Residential (VMRK) options expire?
The non-qualified stock options granted to the director expire on August 17, 2036. After that expiration date, any unexercised portion of the 18,559-share option grant will no longer be exercisable or hold any value.
How many Vivmark Residential (VMRK) options does David J. Neithercut hold after this grant?
Following this grant, David J. Neithercut holds 18,559 Vivmark Residential options directly. This figure equals the full size of the reported non-qualified stock option award covering 18,559 underlying Common Shares of Beneficial Interest.
What service period is covered by the VMRK stock option grant to the director?
The option grant represents compensation for prospective service from August 17, 2026 through the 2027 Annual Meeting of Shareholders. The footnote clarifies that this service window is the basis for the non-qualified stock option award.
AI-generated analysis. How Rhea-AI works. Not financial advice.