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Fusemachines (FUSE) director awarded 50,000 RSUs in equity grant

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

Rhea-AI Filing Summary

Fusemachines Inc. reported that director Alam Salman received an equity award in the form of 50,000 shares of common stock on January 6, 2025. The transaction is coded as an acquisition at a price of $0.00 per share, reflecting a grant of restricted stock units under the company’s 2025 Omnibus Equity Incentive Plan. Following this grant, Salman beneficially owns 100,000 shares of Fusemachines common stock in direct ownership. The RSUs vest in two equal installments over a one-year period, and each RSU represents a contingent right to receive one share of common stock.

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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*
Alam Salman

(Last) (First) (Middle)
C/O FUSEMACHINES INC.
251 WEST 30TH STREET, 5TH FLOOR

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Fusemachines Inc. [ FUSE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/06/2025 A 50,000(1) A $0.00(2) 100,000 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. Restricted Stock Unit ("RSU") award under the issuer's 2025 Omnibus Equity Incentive Plan, which vest in two equal installments over a one-year period.
2. Each RSU represents a contingent right to receive one share of the issuer's common stock.
/s/ Grant Levine, Attorney-in-Fact 01/08/2026
** 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.

FAQ

What insider transaction did Fusemachines (FUSE) report for Alam Salman?

Fusemachines reported that director Alam Salman acquired 50,000 shares of common stock through a restricted stock unit grant on January 6, 2025.

How many Fusemachines shares does Alam Salman own after this Form 4 transaction?

After the reported transaction, Alam Salman beneficially owns 100,000 shares of Fusemachines common stock in direct ownership.

What was the price per share in Alam Salman’s Fusemachines equity grant?

The 50,000 shares reported were acquired at a stated price of $0.00 per share, consistent with a restricted stock unit grant rather than an open-market purchase.

What type of equity award did Fusemachines grant to director Alam Salman?

The grant consists of restricted stock units (RSUs) under Fusemachines’ 2025 Omnibus Equity Incentive Plan, with each RSU representing a contingent right to receive one share of common stock.

How do Alam Salman’s RSUs at Fusemachines vest?

The RSU award to Alam Salman vests in two equal installments over a one-year period, as disclosed in the filing footnotes.

Is Alam Salman’s ownership in Fusemachines direct or indirect?

The filing states that the 100,000 shares beneficially owned by Alam Salman following the transaction are held with direct (D) ownership.

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