Aquilino Brian 4
Research Summary
AI-generated summary
Gold.com (GOLD) COO Brian Aquilino Exercises Options, Sells Shares
What Happened
- Brian Aquilino, Chief Operating Officer of Gold.com (GOLD), exercised stock options and sold the resulting shares on Feb 11, 2026. The filing shows exercises at $39.69 per share to acquire 10,000 shares (total exercise cost $396,900) and open‑market sales of 10,000 shares that produced approximately $595,473 in gross proceeds (weighted average sales prices reported).
- Breakdown: exercised/acquired 7,364 shares for $292,277 and 2,636 shares for $104,623 (both at $39.69). Those shares were sold the same day: 7,364 shares at a weighted avg $58.58 for $431,349 (sales prices ranged $58.12–$58.92, footnote F1) and 2,636 shares at a weighted avg $62.26 for $164,124 (sales prices ranged $62.02–$62.36, footnote F2). The filing also reports a derivative disposition of 10,000 shares at $39.69 for $396,900 (see footnote F3 regarding the option grant and vesting).
Key Details
- Transaction date: 2026-02-11; Form filed: 2026-02-13.
- Exercise price: $39.69 per share. Sales weighted averages: $58.58 and $62.26 (ranges in F1/F2).
- Shares acquired by exercise: 10,000 (total exercise cost $396,900). Shares sold in open market: 10,000 (gross proceeds ≈ $595,473).
- Footnotes: F1/F2 note weighted average sale prices and price ranges; F3 notes the option covered 10,000 shares with 50% vesting on June 30, 2024 and 2025.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Timeliness: Filing date is Feb 13 for Feb 11 transactions; no late‑filing flag indicated.
Context
- This looks like an option exercise followed by immediate sales (i.e., a cashless exercise / sell-to-cover pattern): the option exercise (derivative code M) and same‑day open market sales (code S) are reported. Such transactions are common for insiders exercising vested options to cover exercise costs and taxes; the filing is factual and does not indicate the insider’s motivation.