AVAT Director Virginia Gambale Receives Stock Option Awards

What Happened

• Virginia Gambale, a director of Avalanche Treasury Corp (AVAT), was granted two stock option awards on 2026-09-08: 66,512 and 10,751 option shares (total 77,263). The filing reports $0.00 per share because these are derivative option grants, not open‑market purchases or sales. A Form 4 disclosing the grants was filed on 2026-09-10.

Key Details

• Transaction date: 2026-09-08; Form 4 filed: 2026-09-10 (Accession 0001193125-26-387992).
• Transaction type/code: A = Award/Grant (stock options); reported price: $0.00 (derivative).
• Shares/options granted: 66,512 (initial award) and 10,751 (annual award) — total 77,263 option shares.
• Shares owned after transaction: not specified in the filing summary provided.
• Footnotes: F1 = initial director option award; vests in three equal installments over each of the first three 12‑month periods (earlier of anniversary or annual meeting), subject to continued service. F2 = annual director option award; vests in full on the earlier of the first anniversary or the next annual meeting, subject to continued service.
• Timeliness: Filing date is two business days after the grant date and appears to be timely.

Context

• These are option grants (derivative awards) that give the director the right to acquire shares in the future if/when options vest and are exercised; they are not immediate purchases or sales and do not by themselves represent a bullish or bearish trade. Director option awards are commonly used as compensation for board service and are subject to vesting conditions described above.