Company: LRHC
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0001213900-25-048370
Chunk: 114

Company: La Rosa Holdings Corp.
Filing Date: 2025-05-29
Form: 10-Q
Item: Item 8
Chunk 114
---
 31, 2025 
     4,232,161  
    $1.49 

During the three months ended, the Company issued an aggregate of 325,421
stock options. Of this amount, 200,000 options were granted to the Chief Executive Officer in connection with the closing of an acquisition
on December 31, 2024, according to his employment agreement. The remaining 125,421 options were granted to contractors as part of their
compensation packages.

The weighted average fair value of stock options granted in the quarters
ended March 31, 2025 and 2024 and the assumptions used in the Black-Scholes model are set forth in the table below.

     March 31,   March 31,      2025   2024   Weighted average fair value  $0.53   $1.27   Dividend yield   —    —   Expected volatility factor   69.9%   67.8%  Risk-free interest rate   4.6%   4.0%  Expected life (in years)   9.0    10.0  

As of March 31, 2025, unrecognized compensation
expense related to stock option awards totaled $121,746. As of December 31, 2024, unrecognized compensation expense related to stock option
awards totaled $92,892.

Restricted Stock Units

    Weighted 

    Average 

    Number of  
    Exercise 

    Shares  
    Price 
  
    Balance — December 31, 2024 
     94,936  
    $1.69 
  
    Granted 
     646,117  
     1.84 
  
    Vested or forfeited 
     (26,982) 
     1.17 
  
    Balance — March 31, 2025 
     714,071  
    $1.81 

On February 1, 2025, a Restricted Stock Unit (“RSU”) covering
4,000 shares granted to the Company’s Chief Technology Officer (“CTO”) vested. The Company withheld 1,187 shares to
cover payroll tax withholding and issued 2,813 shares to the executive. The Company also granted a new RSU to the CTO on February 1, 2025,
which will