other material
confidence high
sentiment neutral
materiality 0.50
JFB Construction Holdings grants 468,000 shares and 1M options to executives and directors
JFB Construction Holdings
- Issued 468,000 shares at $20.55/share: CEO Joseph Basile III (300k), CFO Ruben Calderon (100k), COO Bill Dyer (3.5k), six directors (60k), five employees (4.5k) for 2025 services.
- Granted 1,000,000 options to CEO Basile III at $20.55 exercise price, vesting 250k shares every six months over two years; full vesting on change of control.
- Options expire ten years from grant or earlier on termination; shares and options issued under the 2024 Equity Incentive Plan.
- Shares are registered on Form S-8; Option Agreement filed as Exhibit 10.1.