Francis Knuettel II 4

What Happened

• Francis Knuettel II, a director of SPLASH BEVERAGE GROUP, INC. (SBEV), received a grant of 500,000 non‑qualified stock options on June 8, 2026. The filing lists the transaction as a derivative award; no exercise/strike price or immediate cash value was disclosed. The options were granted under the Issuer’s 2025 Equity Incentive Plan and are fully vested, with exercisability contingent on signing the company’s standard Stock Option Agreement.

Key Details

• Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (filed two days after the grant).
• Instrument: 500,000 non‑qualified stock options (derivative); price/strike not disclosed (N/A).
• Shares owned after transaction: not specified in the filing.
• Footnote: Grant was approved by the board and exempt from short‑swing profit recapture (Section 16(b)) under Rule 16b‑3. Options are subject to the standard option agreement.
• Filing timeliness: appears timely (filed within two days of the reported date).

Context

• This was an options grant (an award), not a cash purchase or sale. Options give the holder the right to buy shares in the future at a specified strike price; because the strike price and other exercise terms weren’t disclosed, the immediate economic value can’t be determined from this filing. Fully vested options mean the director can exercise them once the required option agreement is executed. Grants approved by the board and exempt under Rule 16b‑3 are routine for compensating insiders and do not by themselves indicate insider buying or selling sentiment.