CARLISE THERESA 4

What Happened
Theresa Carlise, CFO of Safe Pro Group Inc. (SPAI), was granted options to purchase 150,000 shares of common stock on May 27, 2026. The Form 4 reports the acquisition as a derivative grant with an acquisition amount of $0.00; the grant was made under the Issuer’s 2025 Stock Plan.

Key Details

• Transaction date: May 27, 2026; Form 4 filed May 29, 2026 (filed promptly after the transaction).
• Transaction type: A = Award/Grant (derivative securities reported).
• Grant size: 150,000 options.
• Vesting: Five equal installments of 30,000 options vest upon the Company achieving cumulative gross revenue milestones of $5M, $10M, $15M, $20M, and $25M (performance-based vesting).
• Acquisition price shown: $0.00 (the filing records a grant; the Form 4 excerpt provided does not list an exercise/strike price).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: Options awarded pursuant to the Issuer’s 2025 Stock Plan and subject to the stated revenue-based vesting schedule.

Context
This is a performance-based option grant rather than an open-market purchase or sale. Because vesting depends on revenue milestones, these options are not immediately exercisable and only convert into actionable options as milestones are met. Derivative grants like this signal company compensation decisions but do not by themselves indicate an insider buying or selling shares.