KUSTOM ENTERTAINMENT, INC.·4/A

Mar 2, 5:49 PM ET

Ross Stanton E 4/A

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Kustom Entertainment (KUST) Chairman & CEO Ross Stanton Receives Award

What Happened Ross Stanton, Chairman, CEO & President of Kustom Entertainment (ticker: KUST), received an award of stock options on January 22, 2026. The grant covers options to acquire 58,333 shares of common stock with an exercise price of $2.04 per share (the Nasdaq closing price on 1/22/2026). The options are a derivative instrument (transaction code A) and do not represent immediate stock ownership or sale.

Key Details

  • Transaction date: January 22, 2026; Form 4 filed (amended) March 2, 2026 — more than 2 business days after the transaction, so the filing is late under Form 4 timing rules. This filing is an amendment correcting Table II from the original Form 4.
  • Award: Options to acquire 58,333 shares; exercise price $2.04 per share (equal to the closing price on grant date).
  • Vesting: 100% of the options vest on January 22, 2027, contingent on the reporting person remaining an officer on that date.
  • Footnote: Share counts reflect a reverse stock split that occurred January 8, 2026.
  • Shares owned after the transaction: not reported in this Form 4.

Context This was an option grant (award) rather than an open‑market purchase or sale. Because the exercise price equals the market close on the grant date, there is no immediate in‑the‑money intrinsic value at grant. The options vest in one year if Stanton remains an officer, so the award's economic value depends on future stock performance and continued service. The amended, late filing affects transparency but does not change the nature of the grant disclosed.