3.33M options granted to Rainmaker (RAKR) 10% owner Kelly White
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rainmaker Worldwide Inc. insider Kelly Michelle White, a 10% owner, reported a grant of stock options for 3,330,332 shares of common stock dated 01/12/2026. The options have an exercise price of $0.0209 per share and are exercisable from 01/12/2026 until 01/12/2031.
The filing notes that the options were granted under the Rainmaker Worldwide Inc. 2026 Equity Incentive Plan and will vest in equal monthly installments over 24 months from the grant date. The position is held indirectly, listed as "Owned through 2752128 ONTARIO LTD." The report states that it was filed late due to administrative oversight.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WHITE KELLY MICHELLE
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 3,330,332 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 3,330,332 shares (Indirect, Owned through 2752128 ONTARIO LTD.)
Footnotes (1)
FAQ
Who is the insider in this Rainmaker Worldwide Inc. (RAKR) Form 4?
The Form 4 identifies Kelly Michelle White as the reporting person, listed as a 10% owner of Rainmaker Worldwide Inc.
What derivative securities were reported in this RAKR Form 4?
The filing reports a grant of Stock Options (Right to Buy) covering 3,330,332 shares of Rainmaker Worldwide Inc. common stock.
What is the exercise price and term of the stock options granted to the RAKR insider?
The stock options have an exercise price of $0.0209 per share, are exercisable starting 01/12/2026, and expire on 01/12/2031.
How do the stock options granted to Kelly Michelle White vest?
The options were granted under the Rainmaker Worldwide Inc. 2026 Equity Incentive Plan and vest in equal monthly installments over 24 months from the 01/12/2026 grant date.
Is the ownership in this RAKR Form 4 direct or indirect?
The Form 4 shows the options as held indirectly, with the nature of ownership described as "Owned through 2752128 ONTARIO LTD."
Was the Rainmaker (RAKR) Form 4 filed on time?
The remarks state that the Form 4 was filed late due to administrative oversight.