Director James P. Flynn of Lite Strategy, Inc. filed a Form 4 on October 26, 2026, disclosing the grant of stock options to purchase 100,000 shares of common stock on October 22, 2026.

Key Highlights

  • Grant date: October 22, 2026, for a stock option to purchase 100,000 shares of common stock.
  • Exercise price: $1.19 per share, with an expiration date of October 22, 2036.
  • Vesting schedule: 25.0% vested on the date of grant; the remaining shares vest in nine equal monthly installments on the last day of each calendar month, becoming fully vested on June 30.
  • Price of derivative security: $0, according to the filing.
  • Post-transaction holdings: Flynn beneficially owns 100,000 derivative securities (stock options) directly following the transaction.
  • Role: Flynn is identified as a Director of Lite Strategy, Inc. (NASDAQ:LITS).

Lite Strategy Director Flynn Receives Annual Non-Employee Director Option Grant

According to the Form 4 filed with the U.S. Securities and Exchange Commission on October 26, 2026, James P. Flynn, a Director of Lite Strategy, Inc. (NASDAQ:LITS), was granted a stock option to purchase 100,000 shares of common stock on October 22, 2026. The filing describes this as a "customary annual grant to non-employee directors of options to purchase shares of common stock."

The filing reports the exercise price of the option at $1.19 per share, with an expiration date of October 22, 2036. The grant was recorded under Transaction Code "A" (acquired) in Table II covering derivative securities. According to the filing, the price of the derivative security was $0, and the grant was "received as compensation for service on the Board."

The vesting terms disclosed in the filing state that 25.0% of the option shares vested on the grant date of October 22, 2026. The remaining shares are to vest in nine equal monthly installments on the last day of each calendar month beginning after the grant date, such that the award becomes fully vested on June 30. Following this transaction, Flynn is reported to directly and beneficially own 100,000 derivative securities. The Form 4 was signed by Justin J. File as attorney-in-fact for the reporting person.

What Was Disclosed

Lite Strategy, Inc. Director James P. Flynn received a stock option grant for 100,000 shares of common stock at an exercise price of $1.19, expiring October 22, 2036, characterized by the filing as a customary annual non-employee director grant received as compensation for Board service.