Schwartz Lindsey 4
Research Summary
AI-generated summary
BranchOut Food (BOF) Director Lindsey Schwartz Receives Option Award
What Happened
Lindsey Schwartz, a director of BranchOut Food Inc. (BOF), received a grant of 20,000 derivative shares classified as an award on 2026-02-10. The filing reports an acquisition price of $0.00 (derivative award), showing the award value recorded as $0 in the Form 4. This is a director compensation grant rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (timely filing).
- Transaction type/code: A — Grant/Award (derivative).
- Amount: 20,000 derivative shares; reported price: $0.00; total reported cash value: $0.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: The option vests in six equal monthly installments over the six‑month period following issuance (F1).
- No 10b5-1 plan, tax‑withholding, or immediate sale noted in this filing.
Context
This appears to be a compensation award (an option or other derivative grant) to a director. Such awards are common as part of director pay and do not by themselves indicate a purchase or sale signal about the director’s view of the stock. The six‑month monthly vesting means the award will become exercisable/vest gradually over the next six months per the footnote.