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ENCISION INC CEO and director Robert H. Fries reported buying additional common stock in two recent open-market transactions. On April 15, 2026, he purchased 155,535 shares at $0.14 per share. On April 16, 2026, he bought a further 11,250 shares at $0.20 per share. Following these purchases, he directly holds 1,506,785 shares of ENCISION INC common stock.
Encision Inc. plans to deregister its common stock and stop filing regular reports with the SEC. The company announced that it intends to file a Form 15, which will start the deregistration process for its common stock.
The deregistration is expected to become effective ninety days after the Form 15 is filed. Once effective, Encision will suspend its ongoing reporting obligations, meaning investors will no longer receive quarterly and annual SEC filings. The company’s decision was disclosed in a current report and related press release.
Encision, Inc. announced that Gregory Trudel resigned from its board of directors and also stepped down as CEO, President and executive officer effective December 8, 2025. The company states that Mr. Trudel disagreed with the other board members on the future direction of the company and concluded it was best to resign, while emphasizing that, apart from this difference over future direction, his resignation did not stem from any dispute over current operations, policies or practices.
Following his departure, the board appointed long-time director Robert H. Fries as Interim President and CEO. Mr. Fries, age 77, has served on Encision’s board since 2003, is a certified public accountant (inactive), and has extensive finance and tax consulting experience with large public multinational companies, which the company cites as qualifications for his interim leadership role.
Encision Inc. (ECIA) reported an insider equity award to its chief executive officer and director, Brandon Shepard. On 11/18/2025, he received an option to buy 10,000 shares of Encision common stock at an exercise price of $0.25 per share, expiring on 02/17/2031. The award is reported as directly owned.
The option vests over time: 20% of the shares vest after the first year of service on 11/18/2026, and the remaining shares vest in 48 equal monthly installments thereafter. This filing documents the grant and outlines the vesting schedule but does not include any sales of stock.