Xtend AI director reports 1.55M-share option at $0.47
A director of Xtend AI Robotics reports substantial stock option holdings tied to a merger completed in September 2026.
Rhea-AI Filing Summary
Xtend AI Robotics, Inc. (XTND) received an initial ownership report from director Kash Peter M detailing stock option holdings. He holds options to acquire 408,972 shares of common stock at $0.47 per share expiring December 26, 2034, 1,553,916 shares at $0.47 expiring August 27, 2035, and 504,576 shares at $3.00 expiring February 7, 2036. These options vest monthly over 24–36 months from December 26, 2024 and August 27, 2025, and the underlying shares were acquired at the closing of a merger completed on September 3, 2026.
Positive
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Negative
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Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
KASH PETER M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F1, F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F3, F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F4, F2 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 2,467,464 contracts (Direct)
Footnotes (4)
- F1. Shares subject to the stock option vest and become exercisable ratably on each monthly anniversary of December 26, 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.
- F2. 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.
- 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.
- F4. 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 24 consecutive months until fully vested and exercisable on the second anniversary of the 2025 Vesting Commencement Date, subject to the Reporting Person's continued service.
Key Figures
Option exercise price: $0.47 per share
Underlying shares at $0.47 expiring 2034: 408,972 shares
Underlying shares at $0.47 expiring 2035: 1,553,916 shares
+4 more
7 metrics
Option exercise price
$0.47 per share
Two stock option awards over Xtend AI Robotics, Inc. common stock
Underlying shares at $0.47 expiring 2034
408,972 shares
Option expiring December 26, 2034
Underlying shares at $0.47 expiring 2035
1,553,916 shares
Option expiring August 27, 2035
Higher-priced option exercise price
$3.00 per share
Third stock option over common stock
Underlying shares at $3.00
504,576 shares
Option expiring February 7, 2036
Vesting period for first grant
36 months
Monthly vesting from December 26, 2024 to third anniversary
Merger closing date
September 3, 2026
Closing of Agreement and Plan of Merger related to acquired shares
Key Terms
Agreement and Plan of Merger, vesting commencement date, stock option, fully vested and exercisable
4 terms
Agreement and Plan of Merger regulatory
"transactions contemplated by that certain Agreement and Plan of Merger, dated as of February 13, 2026"
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.
vesting commencement date financial
"on each monthly anniversary of December 26, 2024 (the "2024 Vesting Commencement Date")"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
stock option financial
"Shares subject to the stock option vest and become exercisable ratably on each monthly anniversary"
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.
fully vested and exercisable financial
"over a period of 36 consecutive months until fully vested and exercisable on the third anniversary"
FAQ
What does XTND's new Form 3 filing disclose for director Kash Peter M?
It discloses initial beneficial ownership for director Kash Peter M, including three stock option awards over Xtend AI Robotics, Inc. common stock with different exercise prices, expiration dates, and monthly vesting schedules tied to service.
What higher-priced stock option does the XTND director hold?
He holds a stock option over 504,576 shares of Xtend AI Robotics, Inc. common stock with an exercise price of $3.00 per share that is scheduled to expire on February 7, 2036, subject to its vesting schedule and his continued service.
When do the XTND director’s stock options vest?
One option vests monthly over 36 months from December 26, 2024. A second vests monthly over 36 months from August 27, 2025, and a third vests monthly over 24 months from August 27, 2025, all subject to continued service.
Does the XTND Form 3 report any stock sales or purchases?
No. The Form 3 reports stock option holdings and their terms for the director but does not report any purchases, sales, exercises, or other changes in the number of underlying shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.