Fore Thomas Butler 4

What Happened

• Fore Thomas Butler, a director of SPLASH BEVERAGE GROUP, INC. (SBEV), was granted a derivative award of 500,000 stock options (recorded as an acquisition) on June 8, 2026. The filing lists this as an award/grant (code A) rather than a purchase or sale; no exercise price or immediate cash value is provided in the Form 4.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (appears timely, within two days).
• Security: 500,000 non‑qualified stock options granted under the Issuer’s 2025 Equity Incentive Plan.
• Price/value: exercise price and dollar value not disclosed in the filing (listed as N/A).
• Vesting/exercisability: the options are fully vested; exercisability is subject to execution of the company’s standard Stock Option Agreement (per footnote F1).
• Section 16 treatment: grant exempt from Section 16(b) (Rule 16b-3), approved by the Board.
• Shares owned after transaction: not specified in the provided summary.

Context

• This is a grant of options (an award), not an immediate purchase or sale of common stock. Options give the holder the right to buy shares in the future at a set exercise price (not disclosed here); because these options are fully vested, Butler could exercise them subject to the standard agreement and then hold or sell the resulting shares.
• Awards to directors are routine compensation/retention tools and are board‑approved, so they do not necessarily signal immediate trading intent.