STOCK TITAN

Aware (AWRE) director exercises derivative to add 22,059 Common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AWARE INC /MA/ director Brent P. Johnstone increased his direct stake through an option-related transaction. On this Form 4, he exercised a derivative security and acquired 22,059 shares of Common Stock. Following the exercise, he directly owns a total of 293,712 Common Stock shares.

Positive

  • None.

Negative

  • None.
Insider Johnstone Brent P
Role null
Type Security Shares Price Value
Exercise Common Stock 22,059 $0.00 --
Holdings After Transaction: Common Stock — 293,712 shares (Direct, null)
Footnotes (1)
Shares acquired via exercise 22,059 shares Exercise or conversion of derivative security on Common Stock
Shares owned after transaction 293,712 shares Direct Common Stock holdings following Form 4 transaction
Transaction price per share $0.0000 per share Reported price for the non-derivative Common Stock entry
Transaction code M Exercise or conversion of derivative security
Form 4 regulatory
"On this Form 4, he exercised a derivative security"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"acquired 22,059 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
derivative security financial
"exercised a derivative security and acquired 22,059 shares"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
transaction code M regulatory
"The Form 4 uses transaction code M, described as an exercise"
direct ownership financial
"The filing reports his holdings as direct ownership"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Johnstone Brent P

(Last)(First)(Middle)
C/O AWARE, INC.
76 BLANCHARD ROAD

(Street)
BURLINGTON MASSACHUSETTS 01803

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AWARE INC /MA/ [ AWRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026M22,059A$0293,712D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Brent P. Johnstone07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AWARE (AWRE) director Brent P. Johnstone report?

Brent P. Johnstone reported exercising a derivative security to acquire 22,059 shares of AWARE Common Stock. The Form 4 classifies this as an exercise or conversion of a derivative security, increasing his direct ownership position in the company’s shares.

How many AWARE (AWRE) shares does Brent P. Johnstone hold after this Form 4 transaction?

After the reported transaction, Brent P. Johnstone directly holds 293,712 shares of AWARE Common Stock. This total reflects his position following the exercise or conversion of a derivative security that added 22,059 shares to his previously held direct stake.

Was Brent P. Johnstone’s AWARE (AWRE) transaction a purchase or a derivative exercise?

The transaction was a derivative exercise, not an open-market purchase. The Form 4 uses transaction code M, described as an exercise or conversion of a derivative security, resulting in the acquisition of additional Common Stock rather than a standard market buy.

Did Brent P. Johnstone buy or sell AWARE (AWRE) shares on the open market?

He did not report any open-market buy or sell. The Form 4 shows a single transaction coded M, indicating exercise or conversion of a derivative security to acquire Common Stock, instead of a transaction at a market price in public trading.

What ownership type is reported for Brent P. Johnstone’s AWARE (AWRE) shares?

The filing reports his holdings as direct ownership. The transaction lists direct_or_indirect as D and ownership_type as direct, indicating the shares are held in his own name rather than through an indirect entity like a trust or partnership.