other material
confidence high
sentiment neutral
materiality 0.50
JFB Construction cancels 400,000 shares and 1,000,000 options issued to CEO & CFO in error
JFB Construction Holdings
- On Jan 26, 2026, Board rescinded 300,000 shares to CEO Joseph Basile and 100,000 to CFO Ruben Calderon; all returned.
- Also cancelled a 1,000,000-share option grant to Basile issued Jan 16, 2026; none vested or exercised.
- Original grants were for FY 2025 services under the 2024 Equity Incentive Plan; other director/employee awards unaffected.