Movano (MOVE) director receives RSU grants replacing cash fees
Rhea-AI Filing Summary
Movano Inc. director Brian Cullinan reported stock-based compensation. On January 9, 2026, he received two grants tied to service under the company’s Omnibus Incentive Plan for the period from January 1, 2026 to June 30, 2026.
The filing shows a grant of 4,768 restricted stock units (RSUs) in lieu of cash directors’ fees for that period, and a separate grant of 2,980 RSUs for the same service period. Both entries are recorded at a price of $0.00 per share. After these awards, Cullinan is shown as beneficially owning 9,622 shares of Movano common stock, held directly.
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FAQ
What insider transaction did Movano (MOVE) disclose in this Form 4?
The filing reports that director Brian Cullinan received two equity grants on January 9, 2026 under Movano’s Omnibus Incentive Plan, recorded as acquisitions of common stock at $0.00 per share.
How many Movano (MOVE) RSUs did the director receive?
Cullinan received one grant of 4,768 restricted stock units (RSUs) in lieu of cash directors’ fees and a second grant of 2,980 RSUs for the same January 1, 2026 to June 30, 2026 service period.
What is the purpose of these Movano (MOVE) RSU grants?
According to the footnotes, the 4,768 RSUs were granted in lieu of cash directors’ fees for January 1, 2026 to June 30, 2026, and the 2,980 RSUs were granted for that same director service period under the company’s Omnibus Incentive Plan.
What price was used for the Movano (MOVE) RSU grants to the director?
Both acquisitions are reported at a transaction price of $0.00 per share, consistent with equity awards granted as compensation rather than purchased in the market.
How many Movano (MOVE) shares does the director own after these transactions?
After the reported grants, the Form 4 shows Brian Cullinan as beneficially owning 9,622 shares of Movano common stock, held directly.
What is Brian Cullinan’s relationship to Movano (MOVE)?
The filing identifies Brian Cullinan as a director of Movano Inc. and indicates that the Form 4 is filed by one reporting person.