Canton Strategic Holdings, Inc. director Sean Galvin filed a Form 4 on October 27, 2026, disclosing the grant of a stock option to purchase 53,763 shares of common stock at an exercise price of $1.86 per share, awarded on October 23, 2026.

Key Highlights

  • Option grant: Sean Galvin received a stock option to purchase 53,763 shares of Canton Strategic Holdings common stock on October 23, 2026.
  • Exercise price: The option carries an exercise price of $1.86 per share.
  • Expiration: The option expires on October 23, 2036.
  • Vesting schedule: 13,440 shares vested immediately on October 23, 2026; the remaining shares vest in three equal installments of 13,441 shares on January 11, 2027, April 12, 2027, and July 13, 2027, subject to continuous board service.
  • Plan and policy: The grant was made under the issuer's Amended and Restated 2023 Omnibus Equity Incentive Plan, pursuant to the issuer's Non-Employee Director Compensation Policy as an annual director equity grant.
  • Resulting ownership: Following the transaction, Galvin beneficially owns 53,763 derivative securities (the option), held directly.

Canton Strategic Holdings Director Receives Annual Equity Grant

According to the Form 4 filed with the SEC on October 27, 2026, Sean Galvin, a director of Canton Strategic Holdings, Inc. (NASDAQ:CNTN), was granted a stock option on October 23, 2026. The option gives Galvin the right to purchase 53,763 shares of common stock at $1.86 per share, with the option expiring on October 23, 2036. The filing records this as an acquisition (transaction code A) of a derivative security under Table II.

The filing's explanation of responses states that the option was granted under the issuer's Amended and Restated 2023 Omnibus Equity Incentive Plan. Of the 53,763 shares subject to the option, 13,440 shares were vested as of the grant date. The remaining shares are scheduled to vest in three installments: 13,441 shares on January 11, 2027, 13,441 shares on April 12, 2027, and 13,441 shares on July 13, 2027. Each vesting date, according to the filing, is "subject to the Reporting Person's continuous service as a member of the Issuer's board of directors immediately prior to the applicable vesting date."

The filing further notes that the option was issued pursuant to the issuer's Non-Employee Director Compensation Policy as an annual director equity grant. Following the reported transaction, Galvin's total beneficial ownership of derivative securities stands at 53,763, held directly. No non-derivative securities transactions were reported in Table I of the filing.

What Was Disclosed

Director Sean Galvin disclosed the grant of 53,763 stock options in Canton Strategic Holdings, Inc. at an exercise price of $1.86 per share, granted October 23, 2026, with a staged vesting schedule through July 2027 and an expiration date of October 23, 2036.