Handy Steve 4
4 · GIFTIFY, INC. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Giftify (GIFT) CFO Handy Steve Receives Stock Award, Option Grant
What Happened
Handy Steve, Chief Financial Officer of Giftify, Inc. (GIFT), was granted two compensation awards: a 100,000-share restricted common stock award on Feb 2, 2026 (acquired at $1.06 per share, value ~$106,000) and a 100,000-share derivative grant dated Feb 1, 2025 (reported at $0.00, representing an option/derivative). These transactions are grants (acquisitions) as part of executive compensation — not open-market purchases or sales.
Key Details
- Transaction dates and prices:
- Feb 2, 2026 — 100,000 restricted shares @ $1.06 (total reported value $106,000). (Footnote F1)
- Feb 1, 2025 — 100,000 derivative/option grant reported @ $0.00 (Footnote F2).
- Vesting/exercise terms:
- Restricted shares vest pro rata over 36 months (F1).
- Options vest pro rata monthly over 36 months beginning Feb 1, 2025 and are exercisable for 10 years from grant (F2).
- Shares owned after transaction: Not specified in this Form 4.
- Filing timeliness: Report covers transactions through 2026-02-02 and was filed 2026-02-03 — appears timely.
- No sale or immediate disposition reported (no cashless exercise or sale noted).
Context
Restricted stock and option grants are common executive compensation tools; the restricted stock award represents immediate equity subject to vesting, while the 2025 entry is a derivative (option) that must vest and be exercised (with any required payment of strike price) before converting to shares. Such awards do not, by themselves, indicate buying or selling intent in the open market.
Insider Transaction Report
- Award
Common stock
[F1]2026-02-02$1.06/sh+100,000$106,000→ 293,271 total - Award
Stock Option (Right to Buy)
[F2]2025-02-01+100,000→ 293,271 totalExercise: $0.90Exp: 2035-02-01→ Common stock (100,000 underlying)
Footnotes (2)
- [F1]A On February 2, 2026, the board of directors of the Issuer granted 100,000 shares of restricted common stock that will vestpro rata over 36 months to the Reporting Person in connection with its evaluation of the Issuer's 2025 performance
- [F2]Consists of options to purchase Issuer's shares of common stock that vest pro rata on a monthly basis over 36 months commencing on February 1, 2025 and are exercisable for a period of ten years from the date of grant (subject to earlier expiration in connection with the termination of service with the Issuer).