Leadership & Pay ·
Functional Brands grants CEO Eric Gripentrog 3,500,000 incentive stock options with exercise price of $0.0055 per share
MEHAFunctional Brands Inc.
On June 30, 2026, Functional Brands Inc. amended the Executive Employment Agreement for CEO Eric Gripentrog. The amendment replaces a $500,000 performance equity award of restricted stock units with a grant of 3,500,000 incentive stock options under the 2026 Equity Incentive Plan. These options have an exercise price of $0.0055 per share, a ten-year term expiring June 29, 2036, and are fully vested and immediately exercisable. The grant-date fair value is approximately $14,685. Functional Brands Inc. is a consumer goods company.