Xtend AI officer holds 3,356,974 XTND shares
Form 3 shows XTND’s Chief AI Officer holding stock options and common shares tied to the recent merger closing.
Rhea-AI Filing Summary
Xtend AI Robotics, Inc. (XTND) disclosed the initial equity holdings of Chief AI Officer Shapira Matteo in a Form 3. He holds stock options covering 2,298,417 shares of common stock at an exercise price of $0.47 per share, expiring on August 27, 2035, and 3,356,974 shares of common stock directly. The option vests monthly over 36 months starting August 27, 2025, contingent on continued service, and the shares were acquired in connection with the closing of a Merger Agreement on September 3, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shapira Matteo
Role
Chief AI Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F2, F1 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 2,298,417 contracts (Direct);
Common Stock — 3,356,974 shares (Direct)
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
Stock option underlying shares: 2,298,417 shares
Stock option exercise price: $0.47 per share
Stock option expiration date: August 27, 2035
+3 more
6 metrics
Stock option underlying shares
2,298,417 shares
Underlying common shares for stock option held directly
Stock option exercise price
$0.47 per share
Exercise price of stock option over 2,298,417 shares
Stock option expiration date
August 27, 2035
Expiration of reported stock option position
Common stock held directly
3,356,974 shares
Direct XTND common shares held after reported holdings
Vesting period
36 months
Monthly vesting over 36 months from August 27, 2025
Merger closing date
September 3, 2026
Date the Merger Agreement closing occurred, when shares were acquired
Key Terms
Agreement and Plan of Merger, Merger Agreement, vesting, stock option
4 terms
Agreement and Plan of Merger regulatory
"acquired at the closing of the transactions contemplated by that certain Agreement and Plan of Merger"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Merger Agreement regulatory
"The closing of the Merger Agreement occurred on September 3, 2026."
A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.
vesting financial
"Shares subject to the stock option vest and become exercisable ratably"
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.
stock option financial
"Shares subject to the stock option vest and become exercisable ratably"
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.
FAQ
What did XTND disclose about Chief AI Officer Shapira Matteo’s holdings on this Form 3?
XTND reported that Chief AI Officer Shapira Matteo holds 3,356,974 common shares directly and stock options over 2,298,417 common shares at an exercise price of $0.47 per share, expiring on August 27, 2035.
How do Shapira Matteo’s stock options in XTND vest?
The stock options vest and become exercisable ratably on each monthly anniversary of August 27, 2025 over 36 consecutive months, becoming fully vested on the third anniversary, subject to the reporting person’s continued service.
What is the exercise price and expiration date of the XTND stock options reported?
The stock options reported for XTND have an exercise price of $0.47 per share and an expiration date of August 27, 2035, covering an underlying 2,298,417 shares of common stock held directly.
Does the XTND Form 3 indicate any buy or sell transactions by Shapira Matteo?
No buy or sell transactions are indicated. The Form 3 reports holding entries only, showing post-transaction positions in common stock and stock options, with no buy or sell counts in the transaction summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
