other_material
confidence high
sentiment neutral
materiality 0.55
USBC reprices 83M outstanding stock options to $0.37; includes CFO and Vice Chair holdings
USBC, Inc.
- Board approved repricing of all 83.0 million outstanding options to $0.37 per share (closing price on March 18, 2026).
- CFO Kitty Payne had 3,750,000 options repriced; Director/Vice Chair Linda Jenkinson had 10,000,000 options repriced.
- Repricing effective March 18, 2026; intended to motivate and retain optionees.
- Options were repriced under the Amended and Restated 2021 Equity Incentive Plan.
item 5.02item 9.01