Form 4: Flux Power CFO Kevin Royal Granted 55,000 Stock Options

Kevin Royal, CFO and Secretary of Flux Power Holdings, Inc., was granted 55,000 incentive stock options on March 4, 2024.

Summary

• On March 4, 2024, Kevin Royal, the CFO and Secretary of Flux Power Holdings, Inc., was granted 55,000 incentive stock options.
• The exercise price for these options is $5.00 per share, based on the Issuer's 10-day volume weighted average price on the grant date.
• The options will vest annually over three years from the grant date, and expire on March 4, 2034.
• The grant was made pursuant to the Issuer's 2021 Equity Incentive Plan and is exempt under Rule 16b-3.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of stock options is a standard practice and generally viewed favorably as it aligns management's interests with shareholders.

Positives

• The granting of stock options to the CFO aligns his interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the CFO.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Stock option grants are a common practice in publicly traded companies to incentivize executives and align their interests with those of shareholders. This grant is part of Flux Power's overall compensation strategy.

Stakeholder Impact

• Shareholders may view the stock option grant positively as it incentivizes the CFO to improve company performance.
• Employees may see this as a positive sign of the company's commitment to its leadership.

Key Dates