Avalanche Treasury (AVAT) Director Paul Grinberg Receives Option Awards

What Happened

• Paul Grinberg, a director of Avalanche Treasury Corp (AVAT), was granted two stock option awards on August 27, 2026: 66,363 option shares (initial award) and 26,908 option shares (annual award), totaling 93,271 derivative shares. The Form 4 reports an acquisition price of $0.00 for each grant (the entry reflects an award/derivative transaction, not an open‑market purchase or sale). These were grants of options/awards (transaction code A), not exercises or sales.

Key Details

• Transaction date: 2026-08-27; Form 4 filed: 2026-08-31.
• Reported acquisition price: $0.00 for both grants (reported as derivative awards).
• Total shares/options granted: 66,363 (initial award) + 26,908 (annual award) = 93,271.
• Shares owned after the transaction: Not disclosed in the excerpt of the filing provided.
• Footnotes:
  • F1 (66,363): Initial option award vests in three equal installments over each of the first three 12‑month periods following the grant, vesting on the earlier of the grant anniversary or the company’s annual meeting, subject to continued service.
  • F2 (26,908): Annual option award vests in full on the earlier of the first anniversary of the grant or the first annual meeting following the grant, subject to continued service.
• Filing timeliness: Form 4 shows filing on 2026-08-31 for a 2026-08-27 grant; the filing date is recorded on the report.

Context

• These are director compensation awards (common practice) and do not represent a market purchase or sale. Awards vest over time based on continued service, so they do not immediately translate into sellable shares unless vested and exercised. Such grants are routine for non-employee directors and are informational rather than a direct bullish/bearish trading signal.