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OpenWorld president acquires $2.18 and $6.51 options

The options vest subject to continuous service, with full vesting on the third anniversary of the September 15, 2024 commencement date.

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Form Type
4/A

Rhea-AI Filing Summary

OpenWorld, Inc.'s Global Corporate President, Russel Harold McMeekin, acquired stock options covering 216,355 shares of common stock at a $2.18 exercise price and 469,568 shares at a $6.51 exercise price on September 30, 2026. The options were received in exchange for options to acquire OpenWorld, Ltd. shares in connection with the merger closing. The respective options expire on December 7, 2035, and August 27, 2036.

Subject to continuous service, 1/3rd of the options vest on the one-year anniversary of the September 15, 2024 vesting commencement date. Thereafter, 1/36th vests on the same day of each succeeding calendar month, with all options fully vested on the three-year anniversary.

Insider McMeekin Russel Harold
Role Global Corporate President
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) F2, F1 216,355 -- --
Grant/Award Stock Option (Right to Buy) F2, F1 469,568 -- --
Holdings After Transaction: Stock Option (Right to Buy) — 685,923 contracts (Direct)
Footnotes (2)
  1. F1. The vesting commencement date of these options is 9/15/2024 (the "Vesting Commencement Date"). Subject to reporting person's continuous service, 1/3rd of the options shall vest on the 1-year anniversary of the Vesting Commencement Date and, thereafter, 1/36th of the options shall vest on same day of each succeeding calendar month, such that all options shall be fully vested on the 3-year anniversary of the Vesting Commencement Date.
  2. F2. Received in exchange for stock options to acquire shares of OpenWorld, Ltd. in connection with the closing of the merger of OpenWorld, Ltd. into OpenWorld, Inc. on September 30, 2026.
Options covering common shares 216,355 options Acquired September 30, 2026, with a $2.18 exercise price; expiration December 7, 2035
Exercise price $2.18 per share Options acquired September 30, 2026
Option expiration December 7, 2035 Options covering 216,355 common shares
Options covering common shares 469,568 options Acquired September 30, 2026, with a $6.51 exercise price; expiration August 27, 2036
Exercise price $6.51 per share Options acquired September 30, 2026
Option expiration August 27, 2036 Options covering 469,568 common shares
Vesting Commencement Date financial
"the "Vesting Commencement Date""
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
continuous service financial
"Subject to reporting person's continuous service"
fully vested financial
"all options shall be fully vested on the 3-year anniversary"

FAQ

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What options did OPNW Global Corporate President Russel Harold McMeekin acquire?

Russel Harold McMeekin acquired options to buy 216,355 OpenWorld, Inc. common shares at a $2.18 exercise price and options covering 469,568 shares at $6.51. Both acquisitions were dated September 30, 2026, and the options were received in exchange for OpenWorld, Ltd. stock options in connection with the merger closing.

How do Russel Harold McMeekin's OPNW options vest?

Subject to continuous service, 1/3rd of the options vest on the one-year anniversary of the September 15, 2024 vesting commencement date. Thereafter, 1/36th vests on the same day of each succeeding calendar month, and all options are fully vested on the three-year anniversary.

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

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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*
McMeekin Russel Harold

(Last)(First)(Middle)
C/O OPENWORLD, INC.
801 INTERNATIONAL PARKWAY, FIFTH FLOOR

(Street)
LAKE MARY FLORIDA 32746

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OpenWorld, Inc. [ OPNW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Global Corporate President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
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)
10/02/2026
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
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
Stock Option (Right to Buy)$2.1809/30/2026A216,355 (1)12/07/2035Common Stock216,355(2)216,355D
Stock Option (Right to Buy)$6.5109/30/2026A469,568 (1)08/27/2036Common Stock469,568(2)469,568D
Explanation of Responses:
1. The vesting commencement date of these options is 9/15/2024 (the "Vesting Commencement Date"). Subject to reporting person's continuous service, 1/3rd of the options shall vest on the 1-year anniversary of the Vesting Commencement Date and, thereafter, 1/36th of the options shall vest on same day of each succeeding calendar month, such that all options shall be fully vested on the 3-year anniversary of the Vesting Commencement Date.
2. Received in exchange for stock options to acquire shares of OpenWorld, Ltd. in connection with the closing of the merger of OpenWorld, Ltd. into OpenWorld, Inc. on September 30, 2026.
Remarks:
This Form 4 amendment is being filed to correct the stock option information initially reported in the reporting person's Form 4 filed on October 2, 2026.
/s/ Jennifer L. Cola, Attorney-in-Fact for Russel Harold McMeekin10/09/2026
** 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)

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