Chapman Kirk 4
4 · USBC, Inc. · Filed Oct 9, 2025
Insider Transaction Report
Form 4
USBC, Inc.USBC
Chapman Kirk
Chief Operating Officer
Transactions
- Disposition to Issuer
Option to Purchase Common Stock
2025-10-07−7,140,000→ 0 totalExercise: $2.45Exp: 2035-08-06→ Common Stock (7,140,000 underlying) - Award
Option to Purchase Common Stock
2025-10-07+7,140,000→ 7,140,000 totalExercise: $1.10Exp: 2035-10-07→ Common Stock (7,140,000 underlying) - Award
Option to Purchase Common Stock
2025-10-07+7,860,000→ 15,000,000 totalExercise: $1.10Exp: 2035-10-07→ Common Stock (7,860,000 underlying)
Footnotes (3)
- [F1]The transactions reported involved the repricing of outstanding stock options to purchase 7,140,000 shares of common stock of USBC, Inc. (the "Company") pursuant to the Amended and Restated USBC, Inc. 2021 Equity Incentive Plan (the "Amended and Restated 2021 Plan"), initially granted on August 6, 2025 (the "Grant Date"). The option will vest as to 25% of the shares covered by the option on the one-year anniversary of the Grant Date and in quarterly installments thereafter over the next three years.
- [F2]On October 7, 2025, in accordance with the terms of the Amended and Restated 2021 Plan, the Board of Directors the Company approved a repricing of outstanding stock options granted on August 6, 2025. The exercise price of each repriced option was reduced from $2.45 to $1.10 per share.
- [F3]On October 7, 2025, the Reporting Person was granted an option to purchase 7,860,000 shares of the Issuer's common stock pursuant to the Amended and Restated 2021 Plan. The option will vest as to 25% of the shares covered by the option on the one-year anniversary of the Grant Date and in quarterly installments thereafter over the next three years.