Aware (AWRE) director exercises derivative to acquire 23,529 shares

Rhea-AI Filing Summary

AWARE INC /MA/ director Evee Gary reported acquiring additional shares of the company’s Common Stock through a derivative exercise. On July 1, 2026, Gary exercised a derivative security to acquire 23,529 shares of Common Stock. Following this transaction, Gary directly owns 151,293 shares of AWARE INC /MA/ common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Evee Gary

Role null

Type	Security	Shares	Price	Value
Exercise	Common Stock	23,529	$0.00	--

Holdings After Transaction: Common Stock — 151,293 shares (Direct, null)

Footnotes (1)

Key Figures

Shares acquired: 23,529 shares Shares owned after: 151,293 shares Transaction code: M +1 more

4 metrics

Shares acquired 23,529 shares Common Stock acquired via derivative exercise on July 1, 2026

Shares owned after 151,293 shares Direct AWARE common stock holdings following the transaction

Transaction code M Exercise or conversion of derivative security into Common Stock

Transaction date July 1, 2026 Date of derivative exercise reported on Form 4

Key Terms

Common Stock, derivative security, Form 4, transaction code "M"

4 terms

Common Stock financial

"security_title: "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

"transaction_code_description: "Exercise or conversion of derivative security""

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

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.

transaction code "M" regulatory

"transaction_code_description: "Exercise or conversion of derivative security""

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:39 PM Accepted by SEC EDGAR 07/02/2026 - 04:39 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Evee Gary

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		M		23,529	A	$0	151,293	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Gary Evee	07/02/2026
	** Signature of Reporting Person	Date
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 Evee Gary report?

Director Evee Gary reported acquiring 23,529 shares of AWARE common stock via exercise of a derivative security. This increased Gary’s direct holdings and was disclosed in a Form 4 insider trading report with the SEC.

How many AWARE (AWRE) shares does Evee Gary own after this Form 4?

After the reported transaction, Evee Gary directly owns 151,293 shares of AWARE common stock. This figure reflects holdings immediately following the July 1, 2026 derivative exercise disclosed in the Form 4 filing.

Was the AWARE (AWRE) Form 4 transaction a purchase or an option exercise?

The Form 4 shows a derivative exercise, coded “M,” meaning Gary acquired 23,529 common shares by converting or exercising a derivative security, rather than buying shares in an open-market purchase transaction.

Did AWARE (AWRE) director Evee Gary sell any shares in this Form 4?

No sales are reported in this Form 4. The filing shows only an acquisition of 23,529 AWARE common shares through exercise or conversion of a derivative security, with no disposition or sale transactions listed.

What does transaction code “M” mean in the AWARE (AWRE) Form 4?

Transaction code “M” identifies the exercise or conversion of a derivative security into common stock. In this case, it reflects Gary’s exercise that resulted in acquiring 23,529 AWARE common shares reported in the filing.