Table Trac Inc. Grants CEO 100K-Share Stock Option

What Happened

• Table Trac, Inc. (TBTC) filed an 8-K reporting that on August 7, 2026 the Compensation Committee approved a stock option grant to Randy Gilbert, the company's Chief Executive Officer and Chief Financial Officer.
• The option covers 100,000 shares of common stock, has an exercise price of $4.51 per share (the closing price on the grant date), and expires 10 years from the grant date. Vesting is over four years: 16,000 shares vest on the one-year anniversary and the remaining shares vest in equal annual installments over the following three years.

Key Details

• Grant date: August 7, 2026; approved under the Company’s 2021 Stock Incentive Plan.
• Option size: 100,000 shares; exercise price: $4.51 per share.
• Term: 10-year expiration; vesting: 4-year schedule (16,000 at year 1; remaining 84,000 in equal annual installments over years 2–4).
• Recipient: Randy Gilbert — serves as both CEO and CFO.

Why It Matters

• This is an executive compensation action that ties the CEO/CFO’s pay to the company’s stock performance and continued employment through vesting dates.
• If exercised, the option could increase the company’s outstanding shares, which may dilute existing owners; however, the exercise price equals the market price at grant so the option has no intrinsic value at issuance.
• Investors should note the dual CEO/CFO role of the recipient and the multi-year vesting when assessing governance and potential future dilution.