X-Energy officer reports initial share holdings
X-Energy, Inc. reported the initial equity holdings of officer Steven L. Miller.
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Form Type
3
Rhea-AI Filing Summary
X-Energy, Inc. reported the initial equity holdings of officer Steven L. Miller. He directly holds 948,747 shares of Class A Common Stock, including 326,640 shares of restricted stock, indicating a substantial existing ownership stake rather than a new market transaction.
Miller also holds a stock option covering 254,740 underlying shares of Class A Common Stock at an exercise price of $23.00 per share, expiring on April 24, 2036. The option is vested as to 82,332 underlying shares, with additional tranches vesting in annual installments beginning in 2026 and 2027.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MILLER STEVEN L
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 254,740 contracts (Direct);
Class A Common Stock — 948,747 shares (Direct)
Footnotes (2)
- F1. Includes 326,640 shares of restricted stock.
- F2. The stock option is vested as to 82,332 of the underlying shares. The stock option vests as to 75,883 of the underlying shares in two substantially equal annual installments beginning on January 1, 2027, and as to 96,525 of the underlying shares in four substantially equal annual installments beginning on December 23, 2026.
Key Figures
Direct common shares: 948,747 shares
Restricted stock: 326,640 shares
Stock option underlying shares: 254,740 shares
+5 more
8 metrics
Direct common shares
948,747 shares
Class A Common Stock held directly after reported holdings
Restricted stock
326,640 shares
Included within reported Class A Common Stock holdings
Stock option underlying shares
254,740 shares
Underlying Class A Common Stock for option position
Option exercise price
$23.00 per share
Exercise price for stock option on Class A Common Stock
Option expiration
April 24, 2036
Expiration date of reported stock option
Currently vested option shares
82,332 shares
Portion of underlying shares vested under stock option
Future vesting tranche
75,883 shares
Underlying shares vesting in two equal annual installments from Jan 1, 2027
Future vesting tranche
96,525 shares
Underlying shares vesting in four equal annual installments from Dec 23, 2026
Key Terms
restricted stock, Stock Option, underlying shares, vested, +1 more
5 terms
restricted stock financial
"Includes 326,640 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 82,332 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 82,332 of the underlying shares."
annual installments financial
"vests as to 75,883 of the underlying shares in two substantially equal annual installments"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider holdings does XE officer Steven L. Miller report on this Form 3?
Steven L. Miller reports holding 948,747 shares of X-Energy Class A Common Stock and a stock option over 254,740 underlying shares. These positions reflect his initial beneficial ownership as an officer, rather than new purchases or sales in the market.
What are the key terms of Steven L. Miller’s X-Energy stock option?
Miller holds a stock option tied to 254,740 underlying Class A shares at an exercise price of $23.00 per share. The option expires on April 24, 2036, providing long-dated equity exposure linked to X-Energy’s future performance and his continued service.
How much of Steven L. Miller’s XE stock option is currently vested?
The filing notes that 82,332 of the underlying shares under Miller’s stock option are currently vested. This means he can exercise that vested portion subject to plan terms, while the remaining unvested portion will vest over future years if conditions are met.
What is the vesting schedule for Steven L. Miller’s remaining XE stock options?
The option vests as to 75,883 underlying shares in two substantially equal annual installments beginning January 1, 2027, and 96,525 underlying shares in four substantially equal annual installments beginning December 23, 2026. This structure encourages longer-term retention and alignment.
Does this XE Form 3 show insider buying or selling activity?
No, the Form 3 reflects Miller’s initial beneficial ownership in X-Energy securities, not new trades. It lists existing common stock and option holdings, with transaction summaries showing no buy or sell entries, only holding information and vesting details for his equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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