Iveda (IVDA) board resets CEO option exercise price to $0.29
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Iveda Solutions, Inc. reported that Chief Executive Officer David H. Ly had his stock options repriced by the board. On February 23, 2026, options covering 175,000 shares were granted or awarded, and a separate 175,000-option position was disposed of back to the issuer. According to the disclosure, the repricing set the exercise price at $0.29 per share, while all other option terms remained unchanged. After these offsetting derivative transactions, Ly directly held options to acquire 216,096 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ly David H.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Right to Buy) | 175,000 | $0.00 | -- |
| Disposition | Options (Right to Buy) | 175,000 | $0.00 | -- |
Holdings After Transaction:
Options (Right to Buy) — 216,096 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Iveda (IVDA) report for its CEO?
Iveda reported that CEO David H. Ly had a mixed option transaction involving both acquisition and disposition. The board approved an option repricing that adjusted his stock options while keeping all other terms unchanged, reflected as a grant of 175,000 options and a matching 175,000-option disposition.
How many Iveda (IVDA) options were affected in the CEO’s Form 4?
The Form 4 shows 175,000 options reported as a grant or award and 175,000 options reported as a disposition to the issuer. These offsetting moves relate to an option repricing, after which David H. Ly directly held options covering a total of 216,096 shares.
What is the new exercise price of the Iveda (IVDA) CEO’s options?
The CEO’s options were repriced to an exercise price of $0.29 per share. The board approved this change as part of an option repricing, and the filing states that all other terms of the options, such as duration and vesting conditions, remained unchanged.
How many Iveda (IVDA) options does the CEO hold after the repricing?
After the reported option repricing transactions, David H. Ly directly held options representing 216,096 shares. This total reflects the post-transaction balance of his derivative holdings, following both the 175,000-option grant or award and the 175,000-option disposition back to the issuer.
Were the Iveda (IVDA) CEO’s option transactions exempt under SEC rules?
Yes. The filing states that the option repricing transactions were exempt under Rule 16b-6(d) and Rule 16b-3 of the Exchange Act. These provisions generally cover certain issuer-related option adjustments and board-approved compensation actions for insiders such as officers and directors.