STOCK TITAN

MOVE insider: 20,685 RSUs issued to director; holdings now 68,412

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

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.

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*
Wirk Shaheen

(Last) (First) (Middle)
C/O MOVANO, INC.
6800 KOLL CENTER PARKWAY

(Street)
PLEASANTON CA 94566

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Movano Inc. [ MOVE ]
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)
10/03/2025
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 10/03/2025 A 20,685(1) A $0 68,412 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. 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.
/s/ Shaheen Wirk by Mark R. Busch, attorney-in-fact 10/07/2025
** 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 did Movano Inc. (MOVE) disclose on this Form 4?

The filing shows director Wirk Shaheen received 20,685 RSUs as directors' fees for 10/01/202512/31/2025, reported on 10/03/2025.

How many RSUs does the reporting person own after the transaction?

The reporting person beneficially owns 68,412 RSUs following the reported transaction.

Was there a cash price for the RSU grant?

The reported price per unit is shown as $0, indicating the award was granted without cash purchase.

Who signed the Form 4 and when?

The Form 4 was signed by Mark R. Busch as attorney‑in‑fact for Shaheen Wirk on 10/07/2025.

Does the Form 4 disclose vesting or settlement terms for the RSUs?

No. The filing states the RSUs were granted under the Omnibus Incentive Plan but does not disclose specific vesting or settlement terms.
Movano Inc

NASDAQ:MOVE

MOVE Rankings

MOVE Latest News

MOVE Latest SEC Filings

MOVE Stock Data

15.58M
689.53k
24.94%
15.13%
13.54%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
Link
United States
PLEASANTON