Host Digital Inc. has filed a Current Report on Form 8-K dated October 1, 2026, disclosing the issuance of restricted stock to certain employees and the execution of a registration rights agreement.
Under the Agreement and Plan of Merger dated May 27, 2026, the Company’s board of directors granted an aggregate of 342,864 shares of Class A common stock to employees. The Company entered into individual restricted stock award agreements with each recipient. John Ollet, the Company’s Chief Financial Officer, received a grant of 74,286 shares of Restricted Stock. The shares are set to vest in full on November 30, 2026, contingent upon Mr. Ollet not voluntarily resigning from the Company and not being terminated by the Company for cause.
In a separate transaction, Host Digital entered into a registration rights agreement with certain stockholders. The agreement obligates the Company to register for resale up to 342,864 shares of Common Stock held by these holders. The Company agreed to prepare and file a shelf registration statement covering these shares within 30 calendar days following September 17, 2026. Additionally, the Company committed to using commercially reasonable efforts to keep the registration statement continuously effective until all relevant registrable securities have been sold.