USBC insider receives 2,500,000 shares in stock awards
By AlphaYouPublished Form 4
Beck Daniel J
Reporting filer
Beck Daniel J reported 2,500,000 shares of Option to Purchase Common Stock (derivative) in USBC, Inc. as grants or awards dated 2026-10-01. The Form 4 was disclosed on Oct 5, 2026. These were stock awards, not open-market purchases.
- Disclosed
- Oct 5, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common Stock (derivative) | Beck Daniel J | 2026-10-01 | A | Grant or award | 2500000 | 0 | 2,500,000 | 4 days | Filed terms
|
Option to Purchase Common Stock (derivative)
- Owner
- Beck Daniel J
- Date
- 2026-10-01
- Code
- A
- Action
- Grant or award
- Quantity
- 2500000
- Price
- 0
- Following holdings
- 2,500,000
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Option to Purchase Common Stock
- id: F1
- conversion Or Exercise Price: 0.54
- transaction Date: 2026-10-01
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: 0
- id: F1
- transaction Timeliness:
- transaction Shares: 2500000
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: A
- id: F1
- expiration Date: 2036-10-01
- underlying Security Title: Common Stock
- underlying Security Shares: 2500000
- shares Owned Following Transaction: 2500000
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Beck Daniel J: Chief Financial Officer.
- F1: On October 1, 2026 (the "Grant Date"), the Reporting Person was granted an option to purchase 2,500,000 shares of the Issuer's common stock pursuant to the Issuer's 2021 Equity Incentive Plan. The option will vest as to 25% of the shares covered by the option on the one-year anniversary of the Grant Date and in quarterly installments thereafter over the next three years.
Original sources
Prepared automatically from public filing data. Report a correction.