Fabric.AI (FABC) CFO granted 50,000 options at $3.70 strike price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fabric.AI, Inc. reported that Chief Financial Officer Joseph W. Ramelli received a grant of employee stock options. He was awarded options covering 50,000 shares of common stock at an exercise price of $3.70 per share, expiring on June 18, 2036.
These options vest in four equal 25% installments: 25% vested on the grant date, and 25% will vest on each of June 30, 2026, September 30, 2026, and December 31, 2026, as long as he continues working for or providing services to the company on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ramelli Joseph W.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy | 50,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy — 50,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 50,000 options
Exercise price: $3.70 per share
Options after transaction: 50,000 options
+1 more
4 metrics
Options granted
50,000 options
Employee Stock Option grant to CFO
Exercise price
$3.70 per share
Strike price for Employee Stock Option
Options after transaction
50,000 options
Total derivative securities following transaction
Option expiration
June 18, 2036
Expiration date of Employee Stock Option
Key Terms
Employee Stock Option (Right to Buy, Common Stock, Grant, award, or other acquisition, vesting
4 terms
Employee Stock Option (Right to Buy financial
"Security title is listed as "Employee Stock Option (Right to Buy" for the CFO grant."
Common Stock financial
"The underlying security title for the option grant is "Common Stock" of Fabric.AI, Inc."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"The transaction code description classifies the event as "Grant, award, or other acquisition"."
vesting financial
"The footnote explains that 25% vested on grant and additional 25% portions will vest on specified dates."
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.
FAQ
What insider transaction did Fabric.AI (FABC) report for its CFO?
Fabric.AI reported that CFO Joseph W. Ramelli received an award of employee stock options. The grant covers 50,000 shares of common stock and represents compensation, not an open-market stock purchase or sale.
What is the exercise price of the CFO’s Fabric.AI (FABC) stock options?
The employee stock options have an exercise price of $3.70 per share. This means the CFO can buy Fabric.AI common stock at $3.70 if and when the options vest and he chooses to exercise them.
When do the CFO’s Fabric.AI (FABC) stock options vest?
The options vest in four 25% installments. One-quarter vested on the grant date, with additional 25% portions vesting on June 30, 2026, September 30, 2026, and December 31, 2026, contingent on continued service.
Do the Fabric.AI (FABC) options reported involve a stock sale or purchase?
The filing reflects a grant of employee stock options, not an open-market trade. It is categorized as a grant, award, or other acquisition, so no market buy or sell transaction took place in this report.
How long do the CFO’s Fabric.AI (FABC) stock options remain exercisable?
The options are scheduled to expire on June 18, 2036. Any vested portion must be exercised before that expiration date, or the right to buy shares at the $3.70 exercise price will lapse.