XTI Aerospace (XTIA) grants 1.51M stock options to Chief Strategy Officer
Rhea-AI Filing Summary
XTI Aerospace, Inc. reported that Chief Strategy Officer Arthur Tobin received a grant of stock options on 01/05/2026. The grant covers 1,512,200 stock options, each representing the right to buy one share of common stock at an exercise price of $1.58 per share. The options were granted under the company’s Amended and Restated 2018 Employee Stock Incentive Plan.
One-third of the options vested immediately on the grant date, and the remaining two-thirds will vest in equal quarterly installments over a two-year period, subject to continued service. All unexercised options are scheduled to expire on 01/05/2036. Following this grant, Tobin beneficially owns 1,512,200 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy Common Stock) | 1,512,200 | $0.00 | -- |
Footnotes (1)
- One-third of the stock options vested on the grant date, and the remainder will vest in equal quarterly installments over a two year period. The stock options were granted under the Issuer's Amended and Restated 2018 Employee Stock Incentive Plan.
FAQ
What insider transaction did XTIA report in this Form 4?
The filing reports a grant of 1,512,200 stock options to Chief Strategy Officer Arthur Tobin on 01/05/2026 under XTI Aerospace, Inc.’s equity incentive plan.
What is the exercise price and term of Arthur Tobin’s XTIA stock options?
The stock options have an exercise price of $1.58 per share and are scheduled to expire on 01/05/2036, giving Tobin the right to buy common stock up to that date.
How do the XTIA stock options granted to Arthur Tobin vest?
According to the filing, one-third of the options vested on the grant date, and the remaining options will vest in equal quarterly installments over two years.
Under which plan were these XTIA stock options granted?
The options were granted under the issuer’s Amended and Restated 2018 Employee Stock Incentive Plan, as stated in the footnotes.
How many derivative securities does Arthur Tobin own after this XTIA transaction?
Following the reported grant, Arthur Tobin beneficially owns 1,512,200 derivative securities (stock options) directly.