Lee Thomas Jong 4

What Happened
Lee Thomas Jong, a director of Eightco Holdings Inc. (ORBS), received a grant of 4,000,000 stock options on 2026-03-12. The options were reported with an acquisition price of $0.00 (derivative award), so there was no cash outlay at grant. This is an award/compensation grant to a director rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-12; Filing date: 2026-03-16 (filed 4 days after the transaction). This appears later than the Form 4 standard 2-business-day filing window.
• Grant size and price: 4,000,000 stock options @ $0.00 (derivative award).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Options issued under the Cryptyde, Inc. 2022 Long-Term Incentive Plan as board compensation. Vesting: four equal annual installments of 25% beginning on the first anniversary of the grant date. Expiration: 10 years from grant date.
• Transaction type: Award/Grant (code A); not an exercise or sale.

Context
This was a compensation award of options, not an immediate purchase or sale of shares. Under the reported vesting schedule the options will vest over four years, so the insider will gain access to portions of the underlying shares over time. Because the exercise price is shown as $0.00, the grant’s economic and tax implications may differ from typical options, but the filing itself does not provide valuation or exercise timing beyond the vesting and 10‑year term. The late filing reduces short‑term transparency for investors.