Foreman Louis 4

What Happened Louis Foreman, a director of Eightco Holdings Inc. (ORBS), was granted 50,000 stock options (reported as a derivative award) on March 12, 2026. The Form 4 reports the acquisition as 50,000 options at $0.00 (total reported value $0). The award was granted as compensation for Board service.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (timely filing).
• Transaction type/code: A = Award/Grant (derivative equity — stock options).
• Quantity and price: 50,000 options; price reported as $0.00 on the filing.
• Vesting and term (footnote): Options issued under the Cryptyde, Inc. 2022 Long-Term Incentive Plan. They vest in four equal annual installments (25% each) beginning on the first anniversary of the grant and expire 10 years after the grant date.
• Shares owned after transaction: Not stated in the Form 4.
• No 10b5-1 plan, tax withholding, or cashless exercise indicated.

Context These are stock options granted as compensation to a director and are subject to a multi-year vesting schedule, so they do not represent immediately deployable shares. Because this is an award (not an open-market purchase or sale), it is a routine compensation action and should be interpreted as such rather than as a direct market-confidence signal.