Reyes Jonathan 4
Research Summary
AI-generated summary
StartEngine (STGC) CCO Jonathan Reyes Receives 750,000-Unit Award
What Happened
- Jonathan Reyes, Chief Compliance Officer of StartEngine Crowdfunding, Inc. (STGC), received a grant/award of 750,000 derivative securities (reported as a derivative acquisition) on 2026-02-27. The reported acquisition price is $0.00, so there was no cash paid at grant and no immediate realized value shown in the filing.
Key Details
- Transaction date: 2026-02-27; Filing date: 2026-03-03.
- Transaction type/code: A (award/grant of derivative securities).
- Amount: 750,000 derivative units recorded at $0.00.
- Vesting: 25% of the stock options vest on January 1, 2027 (Vesting Start Date); thereafter 1/36th of the remaining options vest monthly until fully vested three years after the Vesting Start Date (i.e., full vesting around Jan 1, 2030).
- Shares owned after transaction: not specified in the provided excerpt — see the full Form 4 for current holdings.
- Filing timeliness: filing date provided; the excerpt does not indicate a tardiness flag.
Context
- This was an equity award (derivative grant), not an open-market purchase or sale. Such awards typically vest over time and only convert into freely tradable shares if and when they vest (and, for options, are exercised).
- Awards are often used for compensation and retention; they do not represent immediate cash proceeds or a market direction signal by themselves. Check the full Form 4 or company disclosures for exercise price details, total holdings, and any tax-withholding or related entries.