4Filed Sep 15, 8:00 PM ET
BNB PLUS (BNBX) Director Todd Receives Award of 100,000 Derivative Shares
$BNBX · BNB PLUS CORP.Research Summary
AI-generated summary of this SEC filing
BNB PLUS (BNBX) Director Todd Receives Award of 100,000 Derivative Shares
What Happened
Larsen Todd, a director of BNB PLUS Corp. (BNBX), received a grant of 100,000 derivative securities on 2026-09-14. The reported acquisition price is $0.00 per share (no cash paid). This is a grant/award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-09-14; Form filed: 2026-09-16 (timely filing).
- Quantity and price: 100,000 derivative shares granted at $0.00 per share.
- Vesting: options/awards vest in equal monthly installments over a 6-month period, beginning one month after the grant date (footnote).
- Shares owned after the transaction: not specified in the provided filing.
- Transaction type: Award/Grant (derivative security); no immediate sale or cash exercise reported.
Context
This filing reports an awarded derivative grant to a director. For retail investors, grants indicate compensation or retention incentives but are not direct purchases of stock; the award will only convert to taxable/transferable shares as it vests (per the 6-month schedule). No inference about insider sentiment should be drawn solely from awards.