SHARC International Systems Inc. (CSE: SHRC) has announced that its Board of Directors approved grants of stock options and restricted share units (RSUs) to directors, officers, and employees, effective October 5, 2026. The Vancouver-based wastewater energy recovery company issued an aggregate of 9,590,000 stock options and 1,806,250 RSUs as part of its ongoing compensation and retention program. The grants are designed to align the interests of directors, management, and staff with the long-term interests of shareholders.

Key Points

  • SHARC International Systems Inc. (CSE: SHRC, OTCQB: INTWF, FSE: IWIA)
  • Board approved 9,590,000 stock options and 1,806,250 RSUs on October 5, 2026
  • Options are exercisable at $0.09 per share, vest immediately, and expire October 2, 2029; RSUs vest four months following the grant date
  • Investors may watch for any further updates to SHARC Energy's compensation structure or equity plan activity

Stock Option Terms and Exercise Price for SHRC Directors and Officers

SHARC Energy's Board granted a total of 9,590,000 stock options to certain directors, officers, and eligible participants. Each option carries an exercise price of $0.09 per common share, vests immediately upon grant, and expires on October 2, 2029. The grants are subject to the terms of the Company's Stock Option Plan and applicable grant documentation. The immediate share price impact was not clear from available public information.

RSU Grants Directed at SHARC Energy's Non-Executive Workforce

Separately, the Company granted 1,806,250 RSUs to non-executive employees under its Restricted Share Unit Plan. These RSUs will vest four months following the date of grant, subject to the terms of the RSU Plan and applicable award agreements. The RSU component targets the broader employee base rather than senior leadership, reflecting a layered approach to equity compensation that extends retention incentives across different levels of the organisation.

Compensation Strategy Aimed at Long-Term Shareholder Alignment

The release states that the equity grants form part of SHARC Energy's ongoing compensation and retention program. The Company indicated the grants are intended to align the interests of directors, management, and employees with the long-term interests of shareholders. SHARC Energy describes itself as a world leader in thermal energy recovery from wastewater, providing heating, cooling, and hot water solutions for commercial, residential, industrial, and district energy applications across multiple international markets.