Movano CTO sells shares to cover option taxes
Movano Inc.'s chief technology officer and director Michael Aaron Leabman reported selling blocks of common stock in three transactions.
Sentiment and the balance of points
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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.
Insider Trade Summary
| 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 |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
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