Form 4: Encision Inc. Executive Brandon Jason Shepard Reports Stock Option Grant
SEC Form 4 Filing
Brandon Jason Shepard, VP of Finance at Encision Inc., reports the acquisition of stock options.
Summary
- On April 24, 2025, Brandon Jason Shepard, VP of Finance at Encision Inc. (ECIA), filed a Form 4.
- The report details the acquisition of options to buy 250,000 shares of common stock at an exercise price of $0.48, granted on April 17, 2025.
- These options vest 20% after the first year of service on April 17, 2026, and then in 48 equal monthly installments.
- Shepard also directly owns 25,000 shares of Encision Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock option grants to an executive.
Positives
- The grant of stock options to a key executive like the VP of Finance can be seen as an incentive to align their interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates compensation practices at Encision Inc.
Stakeholder Impact
- The stock option grant could potentially dilute existing shareholders if the options are exercised in the future.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of earliest transaction (stock option grant) |
| 04/17/2025 | Date of stock option grant |
| 04/17/2026 | First vesting date for 20% of the stock options |
| 04/16/2030 | Expiration date of the stock options |
| 04/24/2025 | Date of Form 4 filing |
Keywords
Form 4, Stock Options, Beneficial Ownership, Encision Inc., ECIA, Brandon Jason Shepard, VP of Finance
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