Form 4: Castellum Inc. Director John Francis Campbell Acquires 250,000 Stock Options

Director John Francis Campbell receives 250,000 stock options as compensation for his service as an independent member of the Board of Directors.

Summary

• On July 1, 2024, John Francis Campbell, a director of Castellum, Inc., acquired 250,000 stock options.
• These options were granted as compensation for his service as an independent member of the Board of Directors.
• The options have an exercise price of $0.212.
• The options vest quarterly over a one-year period and expire on June 30, 2031.
• The grant was made pursuant to the terms of the Castellum, Inc. Amended 2021 Stock Incentive Plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The granting of stock options is a standard practice and aligns the director's interests with shareholders. There are no immediate negative implications.

Positives

• The grant of stock options to a director aligns their interests with those of the shareholders.
• The vesting schedule encourages continued service on the board.

Industry Context

Stock option grants are a common form of compensation for directors, especially in smaller companies, to align their interests with shareholders and incentivize company growth.

Stakeholder Impact

• Shareholders may view the stock option grant positively as it aligns the director's interests with the company's performance.
• Employees may see this as a positive sign of the company's commitment to its leadership.

Key Dates