Movano (MOVE) CTO sells shares to cover taxes on stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Movano Inc.'s chief technology officer and director Michael Aaron Leabman reported selling blocks of common stock in three transactions. On January 12, 2026, he sold 3,377 shares at a weighted average price of $7.01, followed by 2,076 shares at $6.94 on January 13 and 6,845 shares at $6.66 on January 14. The filing states these shares were sold to pay withholding taxes and exercise prices tied to stock option awards granted in lieu of cash salary during 2025. After these sales, he directly holds 22,639 Movano common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,298 shares ($83,668)
Net Sell
3 txns
Insider
Leabman Michael Aaron
Role
Chief Technology Officer
Sold
12,298 shs ($84K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,845 | $6.66 | $46K |
| Sale | Common Stock | 2,076 | $6.94 | $14K |
| Sale | Common Stock | 3,377 | $7.01 | $24K |
Holdings After Transaction:
Common Stock — 22,639 shares (Direct)
Footnotes (1)
- Represents shares sold to pay withholding taxes and exercise prices due in connection with the exercise of stock option awards granted to the reporting person in lieu of cash salary during 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.77 to $7.27, inclusive. The reporting person undertakes to provide to Movano Inc., any security holder of Movano Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.855 to $7.09, inclusive. The reporting person undertakes to provide to Movano Inc., any security holder of Movano Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.29 to $6.93, inclusive. The reporting person undertakes to provide to Movano Inc., any security holder of Movano Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.