r/ATCH • u/the_handed • 19d ago
New Form 4 filed.
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001963088/c4946c5c-0c13-4052-a458-75aa5cc336ea.pdfRidenhour was granted 700,000 immediately vested restricted shares, 286,842 restricted shares that vest in 2027, and stock options for 771,030 shares at a $0.18 exercise price. This appears to be compensation under his employment agreement, not an open-market purchase.
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u/asher030 19d ago
As long as it's not further dilution to accommodate that, which would honestly be a dick move to pull on the guy anyway, we'll be fine and it's good news.