CapForce director granted 5,555 RSUs as equity pay

Low Yu Jie Ethan reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Low Yu Jie Ethan reported acquisition or exercise transactions in this Form 4 filing.

CapForce Inc. director Low Yu Jie Ethan reported an equity compensation grant of 5,555 shares of common stock in the form of restricted stock units. The award was recorded at a price of $0.00 per share, indicating it is a compensation grant rather than an open-market purchase.

These restricted stock units vest 100% on the earlier of December 3, 2026, or a change in control of CapForce Inc., tying the award to both time and potential corporate events. Following this grant, the director directly holds 34,126 shares of common stock.

Insights

Equity compensation analyst

Director received time-based RSU grant as routine equity compensation.

The filing shows Low Yu Jie Ethan, a director of CapForce Inc., receiving 5,555 restricted stock units at $0.00 per share. This is classified as a grant or award acquisition, a common form of non-cash director compensation.

The RSUs vest fully on the earlier of 12/3/2026 or a change in control, aligning the award with both service duration and potential strategic events. After this grant, the director holds 34,126 shares, suggesting the transaction is modest relative to typical board-level equity ownership.

Insider Trade Summary

Grant/Award: 5,555 shares

Grant/Award 1 txn

Insider Low Yu Jie Ethan

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,555	$0.00	$0.00

Holdings After Transaction: Common Stock — 34,126 shares (Direct)

Footnotes (1)

1. F1. Represents an award of restricted stock units, 100% vesting on the earlier of (i) 12/3/2026 and (ii) a change in control of the Issuer.

Key Figures

RSU grant size: 5,555 shares Grant price: $0.00 per share Holdings after grant: 34,126 shares +1 more

4 metrics

RSU grant size 5,555 shares Restricted stock units awarded to director on February 23, 2026

Grant price $0.00 per share Equity compensation grant, not an open-market purchase

Holdings after grant 34,126 shares Director’s direct CapForce common stock holdings following transaction

Vesting date December 3, 2026 Full vesting date unless earlier change in control occurs

Key Terms

restricted stock units, change in control, Grant, award, or other acquisition

3 terms

restricted stock units financial

"Represents an award of restricted stock units, 100% vesting on the earlier of"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

change in control financial

"the earlier of (i) 12/3/2026 and (ii) a change in control of the Issuer"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CapForce (CFOR) director Low Yu Jie Ethan report?

The director reported receiving 5,555 restricted stock units of CapForce common stock. The grant was recorded at $0.00 per share, reflecting equity compensation rather than an open-market purchase. It increases his direct holdings to 34,126 shares after the transaction.

When do the newly granted CapForce (CFOR) restricted stock units vest?

The restricted stock units vest 100% on the earlier of December 3, 2026, or a change in control. This structure ties the award to continued service over time and to any future corporate change-in-control event affecting CapForce Inc.

Is the CapForce (CFOR) Form 4 transaction a stock purchase or compensation grant?

The Form 4 reflects a compensation grant, not an open-market stock purchase. The 5,555 shares were acquired at $0.00 per share under a grant or award acquisition code, indicating non-cash equity compensation to the director for service.

How many CapForce (CFOR) shares does the director hold after this Form 4 grant?

After the grant, the director directly owns 34,126 CapForce common shares. This total includes the newly awarded 5,555 restricted stock units, which are subject to vesting based on time or a change in control of the company.

What does the change in control condition mean for CapForce (CFOR) RSU vesting?

The RSUs vest earlier if there is a change in control of CapForce Inc. Instead of waiting until December 3, 2026, vesting would accelerate upon a qualifying control change, providing certainty of vesting to the director in a potential transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 07/06/2026 - 05:46 PM EDT 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^*

Low Yu Jie Ethan

(Last) (First) (Middle)

DX PENTHSE, UNIT A-33A-6, LVL 33A, TWR A

UOA BANGSAR TWR,NO.5, BANGSAR UTAMA 1 RD

(Street)

KUALA LUMPUR 59000

(City) (State) (Zip)

MALAYSIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
CapForce Inc. [ CFOR ]

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)
02/23/2026

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	02/23/2026		A		5,555(1)	A	$0.00	34,126	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:

1. Represents an award of restricted stock units, 100% vesting on the earlier of (i) 12/3/2026 and (ii) a change in control of the Issuer.

	/s/ Yu Jie Ethan Low	07/06/2026
	** 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)