Exascale Labs CEO receives 300K-unit stock grant
The RSUs vest in three equal installments on August 27, 2027, August 27, 2028 and August 27, 2029, subject to continued employment and accelerated vesting provisions.
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Rhea-AI Filing Summary
Exascale Labs Holdings Inc. (XLAB) Chief Executive Officer Hoan Soo Lee received an award of 300,000 restricted stock units on October 6, 2026. Each RSU represents a contingent right to receive one share of Class A common stock upon vesting and settlement. The RSUs vest in three equal installments on August 27, 2027, August 27, 2028 and August 27, 2029, subject to continued employment through each date and the employment agreement’s accelerated vesting provisions. His reported position following the award was 300,000 RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 300,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock, par value $0.0001 per share ("Class A Common Stock"), upon vesting and settlement.
- F2. The RSUs were granted under the Issuer's 2026 Omnibus Equity Incentive Plan pursuant to the Reporting Person's employment agreement with the Issuer. The RSUs vest in three equal installments on August 27, 2027, August 27, 2028 and August 27, 2029, subject to the Reporting Person's continued employment through each such date and to the accelerated vesting provisions of the employment agreement. The RSUs have no expiration date.
Key Figures
Key Terms
restricted stock unit financial
contingent right financial
accelerated vesting provisions financial
FAQ
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How many RSUs did XLAB CEO Hoan Soo Lee receive?
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