10/08/2026 | Press release | Distributed by Public on 10/08/2026 18:31
|
FORM 4
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|
|||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
|
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Option (right to buy)(2) | $3.5 | 10/06/2026 | A | 79,027 | (2) | 09/29/2036 | Common Stock | 79,027 | $ 0 | 79,027 | D | ||||
| Stock Option (right to buy)(2) | $3.5 | 10/06/2026 | A | 15,046 | (3) | 09/29/2036 | Common Stock | 15,046 | $ 0 | 15,046 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
|
Sloane Jesse C/O DEEP ISOLATION NUCLEAR, INC. 5717 LEGACY DRIVE, STE 250, OFFICE 2079 PLANO, TX 75024 |
Executive VP of Engineering | |||
| /s/ Jesse Sloane | 10/08/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Represents a grant of restricted stock units ("RSUs") to the Reporting Person pursuant to the Deep Isolation Nuclear, Inc. 2025 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting. The RSUs shall vest as follows: 14,649 RSUs on September 29, 2027, 14,648 RSUs on September 29, 2028, 14,649 RSUs on September 29, 2029 and 14,648 RSUs on September 29, 2030, in each case subject to the Reporting Person's continued service through each vesting date. |
| (2) | Represents a grant of incentive stock option pursuant to the Deep Isolation Nuclear, Inc. 2025 Equity Incentive Plan. The option shall vest as follows: 20,000 option shares on September 29, 2027, with the remaining option shares vesting in monthly installments on the 29th day of each month (or the last day of the month, if earlier) from January 29, 2028 through September 29, 2030, other than December 2028 and December 2029, in each case subject to the Reporting Person's continued service through each vesting date. |
| (3) | Represents a grant of non-qualified stock option pursuant to the Deep Isolation Nuclear, Inc. 2025 Equity Incentive Plan. The option shall vest as follows: 3,518 option shares on September 29, 2027, 1,960 option shares on each of October 29, November 29 and December 29, 2027, 1,558 option shares on November 29, 2028, 1,960 option shares on December 29, 2028, 170 option shares on November 29, 2029 and 1,960 option shares on December 29, 2029, in each case subject to the Reporting Person's continued service through each vesting date. |