X-Energy director reports initial share and option stake
X-Energy, Inc. director Wallace Michael J Wallace filed an initial Form 3 showing his equity position in the company.
Sentiment and the balance of points
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Form Type
3
Rhea-AI Filing Summary
X-Energy, Inc. director Wallace Michael J Wallace filed an initial Form 3 showing his equity position in the company. He directly holds 70,161 shares of Class A Common Stock, including 17,540 shares of restricted stock. He also holds stock options over 4,837 shares at an exercise price of $23.00 per share, vested as to 3,628 shares and scheduled to vest for an additional 1,209 shares on September 12, 2026, with the options expiring in 2036.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wallace Michael J Wallace
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 4,837 contracts (Direct);
Class A Common Stock — 70,161 shares (Direct)
Footnotes (2)
- F1. Includes 17,540 shares of restricted stock.
- F2. The stock option is vested as to 3,628 of the underlying shares. The stock option vests as to 1,209 of the underlying shares on September 12, 2026.
Key Figures
Common shares held: 70,161 shares
Restricted stock included: 17,540 shares
Stock option underlying shares: 4,837 shares
+3 more
6 metrics
Common shares held
70,161 shares
Class A Common Stock held directly following Form 3
Restricted stock included
17,540 shares
Portion of common holdings designated as restricted stock
Stock option underlying shares
4,837 shares
Underlying Class A Common Stock for reported stock option
Stock option exercise price
$23.00 per share
Exercise price for the reported stock option
Vested option shares
3,628 shares
Portion of option already vested as of the report
Future vesting option shares
1,209 shares
Additional option shares vesting on September 12, 2026
Key Terms
restricted stock, Stock Option, Class A Common Stock, exercise price
4 terms
restricted stock financial
"Includes 17,540 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 3,628 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.
Class A Common Stock financial
"Includes 17,540 shares of restricted stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exercise price financial
"The stock option is vested as to 3,628 of the underlying shares."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filed by X-Energy (XE) director Wallace Michael J Wallace show?
The Form 3 shows Wallace Michael J Wallace’s initial beneficial ownership in X-Energy. He holds common shares and stock options, providing a snapshot of his equity stake as he becomes a reporting insider under SEC rules.
What X-Energy (XE) stock options does Wallace Michael J Wallace report on this Form 3?
He reports stock options linked to 4,837 underlying X-Energy Class A Common shares at a $23.00 exercise price. Options give him the right, but not obligation, to buy shares at that price before the stated expiration date.
When do Wallace Michael J Wallace’s X-Energy (XE) stock options vest and expire?
The stock option is already vested as to 3,628 underlying shares and will vest for an additional 1,209 shares on September 12, 2026. The option expires in 2036, giving a long exercise window tied to his service.
Does the X-Energy (XE) Form 3 show any recent buying or selling by Wallace Michael J Wallace?
The Form 3 is an initial ownership report and shows holdings rather than new transactions. The entries describe his existing common stock and option positions, without indicating recent open-market purchases or sales in this disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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