Company: NSTS
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026943
Chunk: 81

Company: NSTS Bancorp, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 81
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 have an expiration period of ten years. As of  June 30, 2025, the Company has 26,296 shares available for future grants of stock options under the 2023 Equity Plan.   The Company recognizes compensation expense for the fair values of these awards, which have graded vesting, on a straight-line basis over the requisite service period of the awards. Upon exercise of vested options, management expects to first draw on treasury stock as the source for shares. 

       23

   The following is a summary of the Company's stock option activity and related information for the periods presented. 

     Stock Option   Shares    Weighted Average Exercise Price    Aggregate Intrinsic Value (1)  
             
 Outstanding at March 31, 2024   442,500  $9.36     
 Granted   —   —     
 Exercised   —   —     
 Forfeited   —   —     
 Outstanding at June 30, 2024   442,500  $9.36  $96 
 Exercisable - End of Period   111,500   9.36   30 
             
 Outstanding at March 31, 2025   492,500  $9.59     
 Granted   —   —     
 Exercised   —   —     
 Forfeited   2,000   9.36     
 Outstanding at June 30, 2025   490,500  $9.59  $1,344 
 Exercisable - End of Period   186,800   9.36   555 

     Stock Option   Shares    Weighted Average Exercise Price    Aggregate Intrinsic Value (1)  
             
 Outstanding at December 31, 2023   442,500  $9.36     
 Granted   —   —     
 Forfeited   —   —     
 Outstanding at June 30, 2024   442,500  $9.36  $96 
 Exercisable - End of Period   111,500   9.36   30 
             
 Outstanding at December 31, 2024   500,500  $9.59     
 Granted   —   —     
 Exercised