SEC Form 4 · accession 0001731122-26-001248
Kaival Brands Innovations Group, Inc. · KAVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark L Thoenes
Director
Period of report
Aug 15, 2026
Accepted (ET)
Sep 16, 2026 · 4:07 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001762239
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1,F4,F3,F2 | $0.0273 | Aug 15, 2026 | A | 250,000 | A | Dec 31, 2026 | Aug 15, 2036 | Common Stock | 250,000 | 750,000 | D |
Explanation of responses
- F1Non-qualified stock option for 250,000 shares granted on August 15, 2026 under the Issuer's Amended and Restated 2020 Stock and Incentive Compensation Plan.
- F2Vests in full on the earlier of December 31, 2026 or a Change in Control, subject to continued service as a director.
- F3Exercise price equals Fair Market Value on the Grant Date.
- F4Includes 500,000 options previously reported on the Form 4 filed April 7, 2026.