Anderson Charles M 4

What Happened
Charles M. Anderson, a director of Kustom Entertainment, was granted options to acquire 3,333 shares of common stock on January 22, 2026, under the company’s 2022 Stock Option and Restricted Stock Plan. The exercise (strike) price is $2.04 per share (the Nasdaq closing price on Jan 22, 2026). If exercised in full, the cash required would be $6,799.32 (3,333 × $2.04). This was an option award (derivative grant), not a share purchase or sale.

Key Details

• Transaction date: January 22, 2026 (reported on Form 4 filed Feb 26, 2026). The filing appears late (over a month after the grant).
• Grant: Options to acquire 3,333 shares; exercise price $2.04 per share.
• Vesting: 100% vests on January 22, 2027, contingent on Anderson remaining a director on that date (per footnote).
• Adjustment: Grant figures reflect a reverse stock split effective January 8, 2026.
• Shares owned after transaction: Not specified in the information provided.
• Transaction type on Form 4: Award/Grant (derivative).

Context
This was a standard option grant to a director — it gives the right to buy shares in the future at $2.04, subject to the one-year vesting condition. Option awards do not represent immediate buying or selling of stock; their ultimate value depends on the company’s share price at or after vesting. The late filing may be a compliance issue but does not itself imply anything about future trading or company performance.