Eightco Holdings Inc.·4

Mar 16, 5:27 PM ET

O'Donnell Kevin J 4

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Eightco (ORBS) CEO Kevin O'Donnell Receives 2.25M Option Award

What Happened

  • Kevin J. O'Donnell, CEO and director of Eightco Holdings Inc. (ORBS), received a grant of 2,250,000 stock options on March 12, 2026. The Form 4 reports the acquisition price as $0.00 because this was an option award (a derivative), not a cash purchase or sale.

Key Details

  • Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (filed within the required two business days).
  • Instrument: Stock options granted under the Cryptyde, Inc. 2022 Long-Term Incentive Plan (the "Plan").
  • Amount: 2,250,000 options; acquisition price reported as $0.00 (grant).
  • Vesting: Options vest in four equal annual installments of 25% each, beginning on the first anniversary of the grant, subject to continued service.
  • Term: Each option expires 10 years after the grant date.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnote: Grant was compensation for services on the Board of Directors of Eightco Holdings Inc.

Context

  • This was an option grant (award), not an exercise or open-market trade — no cash changed hands at grant. Such awards are common for executive compensation and are intended to align management incentives with shareholder value over time. The vesting schedule means the economic benefit is realized only if O'Donnell remains with the company and the stock performs over future vesting dates.