Core AI Holdings (CHAI) director reports pre-funded option over 588,236 shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Core AI Holdings, Inc. director Marc Seelenfreund reported his existing equity position on an initial ownership form. He directly holds a pre-funded option to purchase 588,236 common shares at an exercise price of $0.0004 per share, expiring on October 3, 2032, plus 4 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Seelenfreund Marc
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Pre-Funded Option to Purchase | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Pre-Funded Option to Purchase — 588,236 shares (Direct);
Common Shares — 4 shares (Direct)
Footnotes (1)
Key Figures
Underlying shares in pre-funded option: 588,236 shares
Exercise price of option: $0.0004 per share
Option expiration date: October 3, 2032
+2 more
5 metrics
Underlying shares in pre-funded option
588,236 shares
Underlying common shares for pre-funded option reported on Form 3
Exercise price of option
$0.0004 per share
Exercise price for pre-funded option on Core AI common shares
Option expiration date
October 3, 2032
Expiration date of pre-funded option reported as derivative holding
Direct common shares held
4 shares
Common shares of Core AI Holdings owned directly
Unknown transaction entries
2 entries
Holding entries with unknown transaction code and no buy/sell
Key Terms
Pre-Funded Option to Purchase, underlying security, Form 3
3 terms
Pre-Funded Option to Purchase financial
"security_title: "Pre-Funded Option to Purchase""
underlying security financial
"underlying_security_title: "Common Shares""
Form 3 regulatory
"INSIDER FILING DATA (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What insider holdings did Marc Seelenfreund report for CHAI on this Form 3?
Marc Seelenfreund reported a pre-funded option to purchase 588,236 Core AI Holdings common shares and 4 common shares held directly. This Form 3 records his initial beneficial ownership as a director, rather than announcing a new purchase or sale of CHAI securities.
What is the exercise price of Marc Seelenfreund’s pre-funded option in CHAI?
The pre-funded option held by Marc Seelenfreund has an exercise price of $0.0004 per share. It covers 588,236 underlying common shares of Core AI Holdings, providing the right to acquire those shares at this very low fixed price until the option’s stated expiration date.
Does this CHAI Form 3 show any insider buying or selling activity?
This Form 3 does not show insider buying or selling transactions. It lists Marc Seelenfreund’s existing holdings: a pre-funded option for 588,236 underlying common shares and 4 common shares directly. The transaction codes are unspecified and transaction counts for buys or sells are zero.