FEINGOLD FELISE 4
Research Summary
AI-generated summary
KVH SVP General Counsel Felise Feingold Receives 80,000 Option Grant
What Happened
- Felise Feingold, SVP and General Counsel of KVH Industries (KVHI), was granted a derivative award on 2026-03-05: 80,000 non‑qualified stock options with a $6.00 per-share exercise price (aggregate exercise price $480,000). The filing reports this as an acquisition (derivative).
Key Details
- Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (filed within the required reporting window).
- Grant size and terms: 80,000 options at $6.00 strike (aggregate $480,000 exercise price).
- Vesting: Options vest in four equal annual installments; the first vesting date is 3/5/2027, subject to continued employment (per footnote F1).
- Shares owned after transaction: Not specified on the Form 4 (the filing does note previously vested options are beneficially owned — footnote F2 — but does not give a total).
- Footnotes: F1 = non‑qualified stock option grant under the 2016 Equity & Incentive Plan with the 4‑year vest; F2 = indicates vested stock options beneficially owned.
Context
- This was an options grant (compensation), not an open‑market purchase or sale. Options give the holder the right to buy shares later at the $6 strike if vested and exercised; they do not represent an immediate cash purchase or sale. Such grants are common for employee compensation and do not, by themselves, indicate insider buying or selling sentiment.