Xtend AI CFO discloses options on 954K shares
CFO Tal Horesh reports two stock option grants over more than 1.0 million XTND shares at a $0.47 exercise price, most vesting monthly.
Rhea-AI Filing Summary
Xtend AI Robotics, Inc. (XTND) reports the initial equity holdings of Chief Financial Officer Tal Horesh. He holds two stock option awards, each with an exercise price of $0.47 per share, covering 68,162 and 954,268 shares of Common Stock, respectively. The smaller grant vests 25% on the first anniversary of December 1, 2024, with the remainder vesting monthly over 36 months; the larger grant vests monthly over 36 months from August 27, 2025. Footnotes state these option shares were acquired at the closing of a Merger Agreement completed on September 3, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Horesh Tal
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F1, F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F3, F2 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 1,022,430 contracts (Direct)
Footnotes (3)
- F1. Shares subject to the stock option vested and became exercisable with respect to 25% of the shares on the first anniversary of December 1, 2024 (the "2024 Vesting Commencement Date") with the remaining shares vesting and becoming exercisable ratably on a monthly basis over a period of 36 consecutive months thereafter until fully vested and exercisable on the fourth 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.
Key Figures
Exercise price per share: $0.47 per share
Underlying shares, first option: 68,162 shares
Underlying shares, second option: 954,268 shares
+5 more
8 metrics
Exercise price per share
$0.47 per share
Exercise price for both reported stock option grants
Underlying shares, first option
68,162 shares
Common Stock underlying option expiring December 26, 2034
Underlying shares, second option
954,268 shares
Common Stock underlying option expiring August 27, 2035
Expiration date, first option
December 26, 2034
Stock Option (right to buy) over 68,162 underlying shares
Expiration date, second option
August 27, 2035
Stock Option (right to buy) over 954,268 underlying shares
Vesting schedule, 68,162-share option
25% at first anniversary, remainder over 36 months
Based on December 1, 2024 vesting commencement date
Vesting schedule, 954,268-share option
36 monthly installments
From August 27, 2025 vesting commencement date
Merger closing date
September 3, 2026
Date option shares were acquired under the Merger Agreement
Key Terms
Agreement and Plan of Merger, vesting and becoming exercisable, Vesting Commencement Date, underlying security, +1 more
5 terms
Agreement and Plan of Merger regulatory
"transactions contemplated by that certain Agreement and Plan of Merger, dated as of"
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 and becoming exercisable financial
"Shares subject to the stock option vested and became exercisable with respect to 25%"
Vesting Commencement Date financial
"the "2024 Vesting Commencement Date" with the remaining shares vesting"
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.
underlying security financial
"underlying_security_title": "Common Stock""
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.
FAQ
What insider holdings does XTND CFO Tal Horesh report on this Form 3?
Tal Horesh reports two stock option awards to purchase XTND Common Stock: options over 68,162 shares and options over 954,268 shares, both with a $0.47 exercise price, held directly as of this initial ownership statement.
What are the key terms of Tal Horesh’s XTND stock options?
Both stock option grants have an exercise price of $0.47 per share. One option, over 68,162 shares, expires on December 26, 2034; the other, over 954,268 shares, expires on August 27, 2035, according to the filing.
How do Tal Horesh’s XTND stock options vest?
For 68,162 shares, 25% vested on the first anniversary of December 1, 2024, with the rest vesting monthly over 36 months. For 954,268 shares, vesting occurs ratably on each monthly anniversary of August 27, 2025 over 36 months.
Are Tal Horesh’s XTND stock options held directly or indirectly?
The Form 3 reports both stock option positions as held directly by Tal Horesh, identified with ownership type “D” (direct) for each derivative position.
Does this XTND Form 3 show any stock purchases or sales by Tal Horesh?
No. The Form 3 lists holdings of stock options and does not report any purchases or sales of XTND Common Stock. Transaction direction fields are neutral, and there are no buy or sell transactions disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
