ERDBERG DANIYEL 4
4 · Safe Pro Group Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Safe Pro Group (SPAI) CEO Daniyel Erdberg Receives Option Awards
What Happened
Daniyel Erdberg, Safe Pro Group’s Chairman and CEO, received awards of stock options totaling 750,000 shares on May 27, 2026. The grant consists of 460,500 options under the 2025 Stock Plan and 289,500 options under the 2022 Stock Plan. The Form 4 records the grants as derivative awards with a transaction amount of $0.00 (no cash paid for the awards).
Key Details
- Transaction date: May 27, 2026; filing date: May 29, 2026 (appears timely).
- Awards: 460,500 options (2025 Plan) + 289,500 options (2022 Plan) = 750,000 options total.
- Vesting: Each grant vests in five equal installments tied to cumulative gross revenue milestones of $5M, $10M, $15M, $20M and $25M. That equals 92,100 options per milestone from the 2025 grant and 57,900 per milestone from the 2022 grant (150,000 total options vesting per milestone).
- Transaction type code: A (Award/Grant). The Form shows $0.00 because these are option grants (no cash exchanged at grant); the filing does not disclose an exercise price.
- Shares owned after the transaction: not specified in the filing.
- No indication of an immediate exercise or sale — these are contingent option awards.
Context
These are performance-based option grants, not open-market purchases or sales. They only vest if Safe Pro Group reaches the specified cumulative revenue milestones; until vested and exercised, they do not represent sellable shares. For retail investors, such awards signal long-term, milestone-linked incentives for management but do not directly change share count outstanding until options vest and are exercised.
Insider Transaction Report
- Award
Stock Options (right to buy)
[F1][F2]2026-05-27+460,500→ 460,500 totalExercise: $4.50From: 2026-05-27Exp: 2031-05-27→ Common Stock (460,500 underlying) - Award
Stock Options (right to buy)
[F3][F4]2026-05-27+289,500→ 289,500 totalExercise: $4.50From: 2026-05-27Exp: 2031-05-27→ Common Stock (289,500 underlying)
Footnotes (4)
- [F1]The options to purchase 460,500 shares were granted pursuant to the Issuer's 2025 Stock Plan.
- [F2]On May 27, 2026, the Reporting Person was granted options to purchase 460,500 shares of common stock under the 2025 Stock Plan. The options vest in five equal installments of 92,100 options upon the Company achieving cumulative gross revenue milestones of $5 million, $10 million, $15 million, $20 million, and $25 million, respectively.
- [F3]The options to purchase 289,500 shares were granted pursuant to the Issuer's 2022 Stock Plan.
- [F4]On May 27, 2026, the Reporting Person was granted options to purchase 289,500 shares of common stock under the 2022 Stock Plan. The options vest in five equal installments of 57,900 options upon the Company achieving cumulative gross revenue milestones of $5 million, $10 million, $15 million, $20 million, and $25 million, respectively.