Xtend AI Robotics corrects CEO's share ownership
The two stock options have separate monthly vesting schedules beginning September 9, 2024, and August 27, 2025, each subject to continued service.
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Rhea-AI Filing Summary
Xtend AI Robotics, Inc. CEO and Chair of the Board Aviv Shapira amended his ownership report to correct the common-stock beneficial ownership figure to 3,356,978 shares, replacing the original 3,356,974 shares. The amendment states that no other information changed.
The report also lists two direct stock options to buy common stock: 3,217,784 shares at an exercise price of $0.47 per share, expiring September 9, 2034, and 7,191,592 shares at the same exercise price, expiring August 27, 2035. The underlying shares vest ratably on monthly anniversaries over 36 consecutive months, starting September 9, 2024, and August 27, 2025, respectively, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F2, F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F3, F1 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Footnotes (3)
- 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 September 9, 2024 (the "2024 Vesting Commencement Date") over a period of 36 consecutive months until fully vested and exercisable on the third anniversary of the 2024 Vesting Commencement Date, subject to the Reporting Person's continued service.
- F3. 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
vest and become exercisable technical
Vesting Commencement Date technical
Agreement and Plan of Merger technical
FAQ
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What stock options does XTND CEO Aviv Shapira hold?
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