3,330,332 options granted to Rainmaker (RAKR) CEO via entity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rainmaker Worldwide Inc. CEO, director, and 10% owner Michael John O'Connor received a grant of stock options to acquire 3,330,332 shares of common stock at an exercise price of $0.0209 per share on January 12, 2026. These options are held indirectly, owned through Larchwood Management Partners Inc.
The options were granted under the Rainmaker Worldwide Inc. 2026 Equity Incentive Plan, vesting in equal monthly installments over twenty-four months from the grant date and carrying a five-year contractual term ending January 12, 2031. The reporting notes that this was filed late due to administrative oversight.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'CONNOR MICHAEL JOHN
Role
CEO
| 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 Larchwood Management Partners Inc.)
Footnotes (1)
FAQ
What insider transaction did Rainmaker Worldwide Inc. (RAKR) report?
Rainmaker Worldwide Inc. reported that CEO, director, and 10% owner Michael John O'Connor received a grant of stock options covering 3,330,332 shares of common stock on January 12, 2026.
What are the key terms of Michael John O'Connor's stock option grant at RAKR?
The stock option has an exercise price of $0.0209 per share, covers 3,330,332 underlying shares of common stock, vests in equal monthly installments over 24 months from January 12, 2026, and has a five-year term expiring on January 12, 2031.
How does Michael John O'Connor hold his Rainmaker (RAKR) stock options?
The reported 3,330,332 stock options are held indirectly, described as "Owned through Larchwood Management Partners Inc." rather than directly in his own name.
Under what plan were the Rainmaker (RAKR) options granted to the CEO?
The stock option grant to Michael John O'Connor was made under the Rainmaker Worldwide Inc. 2026 Equity Incentive Plan.
When do the Rainmaker (RAKR) CEO stock options vest and expire?
The options vest in equal monthly installments over 24 months starting from the January 12, 2026 grant date and have a contractual term ending on January 12, 2031.
Was the Rainmaker Worldwide (RAKR) insider transaction reported on time?
The remarks state that the report was filed late due to administrative oversight.