Novelly Paul Anthony II 4
Research Summary
AI-generated summary
FutureFuel (FF) Director Novelly Paul Receives 10,000-Share Grant
What Happened Novelly Paul Anthony II, a director of FutureFuel Corp. (FF), was granted a derivative award of 10,000 shares on 2026-03-18. The Form 4 reports the transaction price as $0.00 (no cash paid at grant). The filing identifies the award as stock options rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-18; Form 4 filed 2026-03-19 (appears timely).
- Grant: 10,000 stock options reported at $0.00 (derivative award).
- Exercise window/expiration (footnote F1): options may be exercised from March 18, 2026 until March 18, 2031.
- Shares owned after transaction: not disclosed in the provided filing summary.
- Filing notes: grant made under the FutureFuel Corp. 2017 Omnibus Incentive Plan (see F1). No indication of a 10b5-1 plan, tax withholding, or immediate sale in this filing.
Context This was a grant of stock options (an award), not a market purchase or sale. Option grants are common for directors and employees as compensation or retention incentives; they do not by themselves indicate the insider bought or sold company stock. Because the options become exercisable starting 3/18/2026 and expire 3/18/2031, any future exercises or sales would be reported separately.