Movano (MOVE) director granted 20,685 RSUs, ownership 68,412
Movano Inc. director Wirk Shaheen received a grant of 20,685 restricted stock units (RSUs) under the company's Omnibus Incentive Plan as payment in lieu of directors' fees for the period 10/01/2025 to 12/31/2025.
Rhea-AI Filing Summary
Movano Inc. director Wirk Shaheen received a grant of 20,685 restricted stock units (RSUs) under the company's Omnibus Incentive Plan as payment in lieu of directors' fees for the period 10/01/2025 to 12/31/2025. The transaction date reported is 10/03/2025 and shows a $0 per‑unit price for the award. Following the reported grant the reporting person beneficially owns 68,412 RSUs. The Form 4 was signed on 10/07/2025 by an attorney‑in‑fact.
Positive
- 20,685 RSUs granted to director in lieu of cash fees, aligning incentives
- Beneficial ownership increased to 68,412 RSUs, showing greater equity stake
Negative
- None.
Insights
Director received equity-based compensation instead of cash fees.
The reporting shows a grant of 20,685 RSUs paid in lieu of cash directors' fees for the quarter ending 12/31/2025, which increases the director's beneficial ownership to 68,412 RSUs. Equity payment aligns the director's economic interests with shareholders by converting fee compensation into stock units.
This arrangement depends on the vesting terms and plan rules not disclosed here; those terms determine near‑term dilution and the timing of share delivery. Monitor future disclosures for vesting schedule or settlement mechanics within the Omnibus Incentive Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,685 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reported transaction involved the reporting person's receipt of a grant of 20,685 restricted stock units ("RSUs") under the Company's Omnibus Incentive Plan in lieu of directors' fees for the period October 1, 2025 to December 31, 2025. The total reported in Column 5 consists solely of RSUs.
FAQ
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What did Movano Inc. (MOVE) disclose on this Form 4?
How many RSUs does the reporting person own after the transaction?
Was there a cash price for the RSU grant?
Who signed the Form 4 and when?
Does the Form 4 disclose vesting or settlement terms for the RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.