X-Energy executive reports 552,599 XE shares
X-Energy, Inc. filed an initial ownership report for Joel Duling, President of TRISO-X, showing his equity stake in the company.
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Form Type
3
Rhea-AI Filing Summary
X-Energy, Inc. filed an initial ownership report for Joel Duling, President of TRISO-X, showing his equity stake in the company. He directly holds 552,599 shares of Class A common stock, including 423,855 shares of restricted stock, plus stock options tied to 207,549 shares at a $23.00 exercise price that expire on April 24, 2036, with portions vesting in annual installments beginning in 2026.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Duling Joel
Role
President, TRISO-X
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 207,549 contracts (Direct);
Class A Common Stock — 552,599 shares (Direct)
Footnotes (2)
- F1. Includes 423,855 shares of restricted stock.
- F2. The stock option is vested as to 36,505 of the underlying shares. The stock option vests as to 109,517 of the underlying shares in three substantially equal annual installments beginning on September 30, 2026, and as to 61,527 of the underlying shares in four substantially equal annual installments beginning on December 23, 2026.
Key Figures
Direct Class A common stock: 552,599 shares
Restricted stock included: 423,855 shares
Stock options underlying shares: 207,549 shares
+5 more
8 metrics
Direct Class A common stock
552,599 shares
Held directly by Joel Duling as reported on Form 3
Restricted stock included
423,855 shares
Portion of the 552,599 Class A shares designated as restricted
Stock options underlying shares
207,549 shares
Underlying Class A common stock tied to reported stock options
Option exercise price
$23.00 per share
Exercise price for the reported stock options
Vested option shares
36,505 shares
Underlying shares already vested under the stock option
Future 3-year vesting tranche
109,517 shares
Vests in three substantially equal annual installments from September 30, 2026
Future 4-year vesting tranche
61,527 shares
Vests in four substantially equal annual installments from December 23, 2026
Option expiration date
April 24, 2036
Expiration date of the reported stock option grant
Key Terms
restricted stock, Stock Option, vested, annual installments, +1 more
5 terms
restricted stock financial
"Includes 423,855 shares of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Option financial
"The stock option is vested as to 36,505 of the underlying shares."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vested financial
"The stock option is vested as to 36,505 of the underlying shares."
annual installments financial
"vests as to 109,517 of the underlying shares in three substantially equal annual installments"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does X-Energy (XE) Form 3 show for Joel Duling’s common stock holdings?
Joel Duling directly holds 552,599 shares of X-Energy Class A common stock. This total includes 423,855 shares of restricted stock, reflecting both currently unrestricted and restricted equity that ties his compensation and incentives to the company’s long-term performance.
How many X-Energy (XE) stock options does Joel Duling report on Form 3?
He reports stock options tied to 207,549 shares of X-Energy Class A common stock. These options carry a $23.00 exercise price and represent potential future share ownership if exercised, subject to vesting schedules and the stated expiration date in 2036.
What are the key vesting terms for Joel Duling’s X-Energy (XE) stock options?
The filing notes 36,505 underlying shares are already vested. An additional 109,517 shares vest in three substantially equal annual installments beginning September 30, 2026, and 61,527 shares vest in four substantially equal annual installments beginning December 23, 2026.
When do Joel Duling’s X-Energy (XE) stock options expire and at what price?
The stock options reported on Form 3 have a $23.00 per share exercise price and expire on April 24, 2036. This gives a long exercise window, during which vested portions can potentially be converted into Class A common stock.
Does the X-Energy (XE) Form 3 show any recent buy or sell transactions by Joel Duling?
The Form 3 is an initial ownership report and lists holdings rather than new trades. It shows common stock and option positions as of the reporting date, without identifying any specific purchases, sales, or other transactional activity by Duling.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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