In a recent filing, David Bruce Peterson, a director at First Breach, Inc., has exercised stock options amounting to 50,000 shares. This action highlights Peterson's confidence in the company's prospects and reflects a commitment to its growth.

First Breach, Inc. operates under the SIC classification of ordnance and accessories, with a focus on manufacturing. The company is based in Baltimore, Maryland, and is publicly traded under the ticker symbol FBDT.

The filing dated October 14, 2026, reveals that Peterson exercised his options on October 12, 2026, at a conversion price of $0.8075 per share. The options are part of the company's Omnibus Securities and Incentive Plan and will vest in three annual installments starting August 20, 2027.

This transaction may have implications for the company's stakeholders, including investors and employees, as it showcases the commitment of its leadership. Peterson now holds 50,000 shares following this transaction, indicating a direct ownership stake in the company.

The filing does not say what happens next.

Details of the Stock Options

The stock options exercised by Peterson are part of the company's Omnibus Securities and Incentive Plan, which is designed to attract and retain talented employees by providing them with equity incentives. The options will vest in three annual installments on August 20 of 2027, 2028, and 2029, allowing Peterson to gradually gain full ownership of the shares.

Additionally, the options have an expiration date of October 12, 2036, providing Peterson with a substantial window to capitalize on his investment should the company's performance align with his expectations.

Company Information

First Breach, Inc. is incorporated in Delaware and operates within the ordnance and accessories sector, specifically focusing on manufacturing. The company's fiscal year ends on December 31, and it is publicly traded under the ticker symbol FBDT. Its business address is located at 8402 Topping Rd., Baltimore, MD, with a contact number of (410) 303-1600.

The filing does not include any information regarding the company's recent financial performance or strategic initiatives that may impact its future growth.