TEN Holdings (XHLD) CEO and CFO granted 120,000 stock options at $1.89
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torres Virgilio Davincy reported acquisition or exercise transactions in this Form 4 filing.
TEN Holdings, Inc. reported that CEO and CFO Virgilio Davincy Torres received a grant of 120,000 employee stock options to buy common stock at $1.89 per share. One third of the options vested on June 30, 2026, with the remaining options vesting in equal monthly installments beginning on July 30, 2026, and the award expiring on June 30, 2036. This is a compensation-related award and not an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Torres Virgilio Davincy
Role
CEO and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 120,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 120,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 120,000 options
Exercise price: $1.89 per share
Vested on grant date: One third of options
+3 more
6 metrics
Option grant size
120,000 options
Employee stock option grant to CEO and CFO
Exercise price
$1.89 per share
Strike price of employee stock options
Vested on grant date
One third of options
Vested on June 30, 2026
Remaining vesting schedule
Equal monthly installments
Beginning July 30, 2026
Expiration date
June 30, 2036
Option term for employee stock options
Derivative holdings after grant
120,000 options
Total derivative securities following transaction
Key Terms
Employee Stock Option (Right to Buy), Grant, award, or other acquisition, vesting, exercise price
4 terms
Employee Stock Option (Right to Buy) financial
"security_title: Employee Stock Option (Right to Buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vesting financial
"The option vested as to one third of the underlying shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"conversion_or_exercise_price: 1.8900"
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
What did TEN Holdings (XHLD) CEO receive in this Form 4 filing?
The CEO and CFO, Virgilio Davincy Torres, received a grant of 120,000 employee stock options. These options allow him to buy TEN Holdings common stock at a fixed price as part of his compensation package.
What is the exercise price of the TEN Holdings (XHLD) CEO stock options?
The granted options have an exercise price of $1.89 per share. This means the CEO can buy TEN Holdings common stock at $1.89 regardless of the market price when he exercises the options.
How do the TEN Holdings (XHLD) CEO options vest over time?
One third of the 120,000 options vested on June 30, 2026. The remaining options vest in equal monthly installments starting on July 30, 2026, providing gradual ownership incentives tied to continued service.
When do the TEN Holdings (XHLD) CEO stock options expire?
The stock options granted to the CEO and CFO expire on June 30, 2036. After that date, any unexercised options become worthless and can no longer be used to purchase TEN Holdings shares.
Is the TEN Holdings (XHLD) Form 4 a market purchase or a compensation grant?
This Form 4 reflects a compensation-related option grant, not a market purchase. The company awarded employee stock options to the CEO, with no open-market buying or selling of existing TEN Holdings shares reported.