Director Joshua Riezman of Lite Strategy, Inc. filed a Form 4 on October 26, 2026, reporting the acquisition of a stock option to purchase 100,000 shares of common stock granted on October 22, 2026.

Key Highlights

  • Grant date: October 22, 2026, with an expiration date of October 22, 2036.
  • Exercise price: $1.19 per share for 100,000 shares of common stock.
  • Price paid: $0, according to the filing.
  • 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 beginning after the grant date, with full vesting on June 30.
  • Nature of award: The filing describes this as a "customary annual grant to non-employee directors" received as compensation for Board service.
  • Beneficial ownership following transaction: 100,000 derivative securities held directly.

Riezman Director Option Grant Details for Lite Strategy, Inc.

According to the Form 4 filed with the U.S. Securities and Exchange Commission on October 26, 2026, Joshua Riezman, a director of Lite Strategy, Inc. (NASDAQ:LITS), reported acquiring a stock option (right to buy) covering 100,000 shares of common stock. The transaction code recorded is "A" (acquired), and the filing identifies the award as received in connection with service on the Board of Directors.

The filing states the exercise price is $1.19 per share, and the price of the derivative security is listed as $0. The option was granted on October 22, 2026, and has an expiration date of October 22, 2036. Per the explanation of responses, "25.0% shall be vested on the date of grant, and the remaining shares subject to the option shall vest in nine equal monthly installments on the last day of the calendar month beginning after the grant date such that the award becomes fully vested on June 30."

The filing was signed by Justin J. File as attorney-in-fact for the reporting person and was dated October 26, 2026. Riezman's address is listed as c/o Lite Strategy, Inc., 9920 Pacific Heights Blvd., Suite 150, San Diego, California 92121. Following the reported transaction, Riezman beneficially owns 100,000 derivative securities, held directly.

What Was Disclosed

Director Joshua Riezman disclosed the receipt of a stock option to purchase 100,000 shares of Lite Strategy, Inc. common stock at $1.19 per share, granted October 22, 2026, as a customary annual non-employee director award with a partial immediate vest and monthly installment schedule.