Form 4: Synergy CHC CFO Granted 150,000 Stock Options
Insider Transaction Report
Synergy CHC Corp.'s Chief Financial Officer, Jaime Fickett, was granted 150,000 stock options with an exercise price of $2.38.
Summary
- Jaime Fickett, Chief Financial Officer of Synergy CHC Corp. (SNYR), was granted 150,000 stock options.
- The options have an exercise price of $2.38 per share.
- The grant date for these options was September 18, 2025.
- One-third (1/3) of the option grant vests on the first anniversary of the grant date (September 18, 2026).
- The remaining two-thirds (2/3) will vest in equal monthly installments over the subsequent twenty-four (24) months.
- The options are subject to the reporting person's continued service with the Company.
- The expiration date for these stock options is September 18, 2030.
- Following this transaction, Jaime Fickett beneficially owns 150,000 derivative securities directly.
Sentiment
Score: 6
Explanation: The grant of stock options to the Chief Financial Officer aligns management's long-term interests with shareholder value creation, indicating confidence in future performance. This is a routine compensation event, not indicative of significant positive or negative operational news.
Positives
- The grant of stock options to the Chief Financial Officer aligns management's long-term interests with shareholder value, as the options gain value if the stock price increases above the exercise price.
- This compensation structure can incentivize the CFO to contribute to the company's growth and profitability.
Future Outlook
The filing does not contain specific forward-looking statements or guidance beyond the vesting schedule of the options.
Industry Context
The grant of stock options is a common practice in executive compensation across various industries, aiming to link executive performance with shareholder returns. The vesting schedule is typical for long-term incentive plans.
Stakeholder Impact
- Shareholders: Potential for increased alignment of the CFO's interests with shareholder value creation.
- Employees: The grant is specific to the CFO and does not directly impact other employees, though it reflects the company's executive compensation strategy.
Next Steps
- The options will vest according to the specified schedule, with one-third vesting on September 18, 2026, and the remainder vesting monthly over the subsequent 24 months, contingent on continued service.
Key Dates
| Date | Description |
|---|---|
| 09/18/2025 | Date of stock option grant to Jaime Fickett. |
| 09/18/2026 | First anniversary of the grant date, when one-third (1/3) of the options vest. |
| 09/18/2030 | Expiration date of the granted stock options. |
Keywords
Synergy CHC Corp, SNYR, Stock Options, Executive Compensation, Insider Transaction, Jaime Fickett, CFO
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.