Lite Strategy, Inc: director Flynn James P received 100,000 shares

What happened Flynn James P, a director of Lite Strategy, Inc., received a grant of 100,000 option shares (derivative) at $0.00 per share on Oct 22, 2026, total value $0.00, as reported on the Form 4.

Key details

• Transaction date and price: Oct 22, 2026; grant/award (code A) at $0.00 per share.
• Transaction type: derivative award of options (listed as "Acquired" in the filing).
• Shares owned after the transaction: not reported in the filing.
• Footnotes from the filing:
  • F1: Customary annual grant to non-employee directors of options to purchase shares of common stock. Such options shall vest as follows: 25.0% shall be vested on the date of grant, and the remaining shares subject to the option shall vest in nine equal monthly installments on the last day of the calendar month beginning after the grant date such that the award becomes fully vested on June 30.
  • F2: Received as compensation for service on the Board.
• Filing timeliness: not indicated in the Form 4 provided.

Why it may matter

• This was an award of options to a director, not a market purchase or sale of existing shares.
• The award vests over time per the footnote vesting schedule and was received as board compensation per the filing.
• A filing does not show why the insider traded or why the company acted.