Form 4: Dominari Holdings CEO Anthony Hayes Reports Stock Option Grant and Beneficial Ownership

Sentiment:

SEC Form 4 Filing


CEO Anthony Hayes reports acquisition of stock options and beneficial ownership details in Dominari Holdings Inc.

Summary

  • Anthony Hayes, CEO of Dominari Holdings Inc., filed a Form 4 detailing changes in beneficial ownership.
  • The report indicates that Hayes directly owns 1,629,566 shares of Common Stock.
  • Hayes also indirectly owns 116,248 shares through a Rollover IRA.
  • On April 16, 2025, Hayes was granted a stock option to purchase 5,000,000 shares of Dominari Holdings' Common Stock, exercisable upon the filing of a Form S-8, with an exercise price of $6.16 and expiring on February 9, 2035.
  • Hayes holds Series A Warrants for 288,184 shares with an exercise price of $3.72, expiring February 14, 2030.
  • He also holds Series B Warrants for 288,184 shares with an exercise price of $4.22, expiring February 14, 2030.
  • These warrants were purchased in a private placement offering in February 2025 at a combined offering price of $3.47.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports transactions and holdings. The stock option grant could be viewed positively, but it's a standard part of executive compensation.

Positives

  • The grant of stock options to the CEO could align his interests with those of shareholders, incentivizing him to increase the company's value.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the holdings and transactions of company insiders. This filing is specific to Dominari Holdings and its CEO.

Stakeholder Impact

  • Shareholders may view the stock option grant as a positive sign, aligning management's interests with theirs.

Next Steps

  • Filing of Form S-8 to register the shares of Common Stock subject to the stock option.

Key Dates

DateDescription
February 2025Private placement offering consummated where Series A and B Warrants were purchased.
02/09/2035Expiration date of the stock option.
02/14/2030Expiration date of Series A and B Warrants.
04/16/2025Date of earliest transaction and grant of stock option.

Keywords

Form 4, beneficial ownership, stock options, warrants, Dominari Holdings, Anthony Hayes, DOMH

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