Form 4: Cintia Nardi, President of Bolt Projects Holdings, Reports Option Grant
SEC Form 4 Filing
Cintia Nardi, President of Bolt Projects Holdings, reports the acquisition of options to purchase 11,156 shares of common stock.
Summary
- Cintia Nardi, President of Bolt Projects Holdings, Inc. filed a Form 4.
- The filing reports a transaction that occurred on May 4, 2025.
- Nardi acquired options to buy 11,156 shares of Bolt Projects Holdings common stock at an exercise price of $5.90.
- The options vest quarterly over three years, contingent upon continued service.
- The share counts have been adjusted to reflect a 1-for-20 reverse stock split that occurred on April 21, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an option grant, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Option grants are a common form of executive compensation.
Stakeholder Impact
- The option grant could incentivize the President to improve company performance, potentially benefiting shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/21/2025 | Issuer effected a 1-for-20 reverse stock split |
| 05/04/2025 | Date of earliest transaction: Grant of stock options |
| 05/04/2025 | Option vests and becomes exercisable as to one-twelfth (1/12th) of the shares of the Issuer's common stock subject to the option on each quarterly anniversary of the grant date |
| 05/07/2025 | Date of filing |
| 05/04/2035 | Expiration date of the options |
Keywords
Form 4, Beneficial Ownership, Options, Stock Options, Insider Trading, Bolt Projects Holdings, BLSK, Cintia Nardi, Reverse Stock Split
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