Breslauer David Nate 4
Research Summary
AI-generated summary
Bolt (BSLK) CTO David Nate Breslauer Receives Option Award
What Happened
David Nate Breslauer, Chief Technology Officer and Director of Bolt Projects Holdings, Inc. (BSLK), received an equity award on 2026-02-09: a derivative option covering 46,335 shares at an acquisition price of $0.00 (reported value $0). This was a grant/award (code A) — not an open-market purchase or sale — and the option is subject to a vesting schedule.
Key Details
- Transaction date: 2026-02-09; Form 4 filed 2026-02-20 (filed 11 days after the transaction). Note: Form 4s are typically due within two business days, so this filing appears late.
- Instrument: Derivative option grant (acquisition reported at $0.00). Not exercised or sold.
- Shares subject to grant: 46,335. Report does not list total shares beneficially owned after the grant.
- Vesting: The option vests and becomes exercisable as to one‑twelfth (1/12) of the shares on each quarterly anniversary of the grant date (i.e., quarterly vesting over 12 quarters), conditioned on continued service. (Footnote in filing.)
Context
This is a compensation-related option grant that will only become exercisable as it vests; it does not represent an immediate cash outlay or sale. If and when vested options are exercised or shares are sold, separate Form 4 filings will disclose those transactions. Awards like this are common for executives and are not the same signal as an open-market buy or sell.