David Boulette, Chief Executive Officer and Director of Eva Live Inc., filed a Form 4 on September 21, 2026, disclosing two transactions in the company's common stock dated February 17, 2026, and June 10, 2026.

Key Highlights

  • Option exercise: David Boulette exercised 4,000,000 stock options at $0.10 per share on February 17, 2026, acquiring that amount of common stock.
  • Compensation shares: On June 10, 2026, Boulette acquired 202,947 shares of common stock at $2.28 per share, issued as compensation for accrued back salary per a board resolution.
  • Resulting ownership: Following both transactions, Boulette directly holds 23,227,947 shares of common stock.
  • Remaining options: After the exercise, Boulette beneficially owns 16,000,000 stock options with an exercise price of $0.10 per share.
  • Option grant details: The original grant was 20,000,000 options at $0.10 per share, issued May 31, 2025, with 20% cliff vesting on January 1, 2026, and 20% on each of May 31, 2026, 2027, 2028, and 2029.
  • Roles: Boulette is identified in the filing as Director, 10% Owner, and Chief Executive Officer of Eva Live Inc.

Eva Live CEO Boulette Discloses Option Exercise and Salary-Compensation Shares

According to the filing, David Boulette exercised 4,000,000 stock options on February 17, 2026, at an exercise price of $0.10 per share. The filing explains that the exercise was made "pursuant to the Executive Stock Options Plan attached to the Employment Agreement between Eva Live Inc. and the Reporting Person dated May 31, 2025." The transaction code recorded is M, indicating an exercise or conversion. Prior to this transaction, the filing does not state Boulette's starting share count, but his direct beneficial ownership following the exercise is listed as 23,025,000 shares.

The second transaction, dated June 10, 2026, involved the acquisition of 202,947 shares of common stock at $2.28 per share. The filing states these shares were "issued by the Company pursuant to a board resolution as compensation for accrued back salary," bringing Boulette's directly held common stock to 23,227,947 shares. The transaction code for this acquisition is A.

Regarding the stock option grant, the filing discloses that the total original grant was 20,000,000 options at $0.10 per share, granted May 31, 2025. The vesting schedule provides for 20% cliff vesting on January 1, 2026, and an additional 20% vesting on each of May 31, 2026, May 31, 2027, May 31, 2028, and May 31, 2029. The filing notes that "the Employment Agreement does not specify an explicit expiration date for vested options while the Reporting Person remains employed." After exercising 4,000,000 options, Boulette holds 16,000,000 remaining stock options directly. The issuer is identified as Eva Live Inc., trading on NASDAQ:GOAI.

What Was Disclosed

Eva Live Inc. CEO David Boulette disclosed two transactions: an exercise of 4,000,000 stock options at $0.10 per share on February 17, 2026, and the acquisition of 202,947 shares at $2.28 per share on June 10, 2026, as salary compensation, resulting in direct ownership of 23,227,947 shares.