Fabric.AI (FABC) director receives 45,042 employee stock options at $3.70
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fabric.AI, Inc. director Walker Wayne Remell received a grant of employee stock options covering 45,042 shares of common stock. The options have an exercise price of $3.7000 per share and expire on June 18, 2036. Following this award, he holds 45,042 options directly.
The options vest in four equal 25% installments. The first 25% vested on the grant date, with additional 25% tranches scheduled to vest on June 30, 2026, September 30, 2026, and December 31, 2026, contingent on his continued service to Fabric.AI, Inc. through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WALKER WAYNE REMELL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy | 45,042 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy — 45,042 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 45,042 options
Exercise price: $3.7000 per share
Post-grant holdings: 45,042 options
+1 more
4 metrics
Option grant size
45,042 options
Employee stock option grant to director
Exercise price
$3.7000 per share
Strike price for the options
Post-grant holdings
45,042 options
Total options held after transaction
Option expiration
June 18, 2036
Expiration date of the options
Key Terms
Employee Stock Option, exercise price, vesting, expiration date
4 terms
Employee Stock Option financial
"Employee Stock Option (Right to Buy"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
exercise price financial
"conversion_or_exercise_price": "3.7000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The stock options vest as follows: (i) 25% vested upon the date of grant"
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.
expiration date financial
"expiration_date": "2036-06-18T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Fabric.AI (FABC) director Walker Wayne Remell receive in this Form 4?
He received an employee stock option grant for 45,042 shares of common stock at an exercise price of $3.7000 per share, providing potential future ownership if he chooses to exercise the options.
What is the vesting schedule for Walker Wayne Remell’s Fabric.AI (FABC) options?
The 45,042 options vest in four equal 25% tranches: 25% vested on the grant date, then 25% on June 30, 2026, 25% on September 30, 2026, and 25% on December 31, 2026, subject to continued service.
What is the exercise price of the Fabric.AI (FABC) options granted to Walker Wayne Remell?
The options have an exercise price of $3.7000 per share. This means he must pay $3.7000 for each share if he exercises the options, potentially benefiting if the market price exceeds this level.
When do Walker Wayne Remell’s Fabric.AI (FABC) stock options expire?
The employee stock options expire on June 18, 2036. After that date, any unexercised options become worthless, so exercises must occur before this expiration to convert options into common shares.
How many Fabric.AI (FABC) options does Walker Wayne Remell hold after this transaction?
After this grant, he holds 45,042 employee stock options directly. These options are tied to an equal number of common shares and will become exercisable over time as the vesting schedule is satisfied.