Xtend AI Robotics corrects AI chief’s share ownership
The option position covers 2,298,417 underlying common shares, with monthly vesting subject to continued service.
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Rhea-AI Filing Summary
Xtend AI Robotics, Inc. is named as issuer in an amendment correcting chief AI officer Matteo Shapira’s reported common-stock beneficial ownership to 3,356,978 shares from 3,356,974 because of rounding errors. The amendment states that no other information in the original Form 3 changed.
Separately, the Form 3 lists stock options covering 2,298,417 common shares at a $0.47 exercise price, expiring August 27, 2035. They vest ratably on monthly anniversaries of August 27, 2025, over 36 consecutive months, subject to continued service, with full vesting and exercisability on the third anniversary.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F2, F1 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Footnotes (2)
- F1. The shares were acquired at the closing of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of February 13, 2026 as amended by Amendment No. 1 dated March 21, 2026 and Amendment No. 2 dated July 16, 2026 (the "Merger Agreement"), by and among Xtend AI Robotics, Inc., XT Merger Sub 2, Inc., JFB Construction Holdings and Xtend Reality Expansion Ltd. The closing of the Merger Agreement occurred on September 3, 2026.
- F2. Shares subject to the stock option vest and become exercisable ratably on each monthly anniversary of August 27, 2025 (the "2025 Vesting Commencement Date") over a period of 36 consecutive months until fully vested and exercisable on the third anniversary of the 2025 Vesting Commencement Date, subject to the Reporting Person's continued service.
Key Figures
Key Terms
beneficial ownership financial
Stock Option (right to buy) financial
Agreement and Plan of Merger technical
2025 Vesting Commencement Date technical
FAQ
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How do Matteo Shapira’s XTND stock options vest?
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