FiEE (FIEE) director Natan David receives 100,000-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NATAN DAVID reported acquisition or exercise transactions in this Form 4 filing.
FiEE, Inc. director Natan David received a grant of 100,000 shares of common stock on May 5, 2026, at a stated price of $0.00 per share. The award was issued under a Director Agreement dated April 29, 2025, as part of his director compensation.
After this stock award and a corrective adjustment for 2,000 previously under-reported shares, David now directly holds 248,792 FiEE common shares. The correction reflects a prior clerical error in earlier ownership reports, rather than a new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NATAN DAVID
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 100,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 248,792 shares (Direct, null)
Footnotes (1)
- Represents an award of common stock issued pursuant to the Director Agreement dated April 29, 2025. The reported amount reflects a corrective adjustment to the Reporting Person's prior filings to account for an under-reporting of 2,000 shares of beneficial ownership attributable to a clerical error.
Key Figures
Stock grant: 100,000 shares
Post-transaction holdings: 248,792 shares
Corrective adjustment: 2,000 shares
+1 more
4 metrics
Stock grant
100,000 shares
Common Stock awarded May 5, 2026
Post-transaction holdings
248,792 shares
Direct FiEE common stock owned after grant
Corrective adjustment
2,000 shares
Previously under-reported beneficial ownership due to clerical error
Price per share
$0.00 per share
Stated price for the awarded common stock
Key Terms
Grant, award, or other acquisition, beneficial ownership, Director Agreement
3 terms
Grant, award, or other acquisition financial
"The transaction code description is "Grant, award, or other acquisition"."
beneficial ownership financial
"an under-reporting of 2,000 shares of beneficial ownership attributable to a clerical error"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Director Agreement financial
"Represents an award of common stock issued pursuant to the Director Agreement dated April 29, 2025."
FAQ
What did FiEE (FIEE) director Natan David report in this Form 4?
FiEE director Natan David reported receiving 100,000 shares of common stock as a grant. The shares were awarded at a stated price of $0.00 per share, reflecting compensation under a Director Agreement rather than an open-market purchase.
What does the corrective adjustment in Natan David’s FiEE holdings mean?
The filing explains that 2,000 FiEE shares were previously under-reported because of a clerical error. The current Form 4 corrects that mistake, increasing his reported beneficial ownership so that it accurately reflects the 248,792 shares he directly holds.
Is this FiEE (FIEE) Form 4 filing a sign of insider buying or selling?
This Form 4 shows an acquisition via stock grant, not market buying or selling. The transaction is coded as a grant, award, or other acquisition and represents routine director compensation rather than an open-market trade in FiEE shares.