MOVE insider swaps RSUs for 42,250 options at $1.25

Rhea-AI Filing Summary

Movano Inc. (MOVE) reported an insider transaction on a Form 4. A director and Chief Technology Officer forfeited previously awarded RSUs in lieu of salary and received a stock option grant. On 11/03/2025, the insider disposed of 21,260 shares at a reported price of $0. Following the transaction, the insider directly owned 356 shares of common stock.

Concurrently, the insider was granted 42,250 stock options with an exercise price of $1.25 per share. The grant is contingent upon shareholder approval of an amendment to the Omnibus Incentive Plan, and the option will become exercisable upon that approval. The option carries an expiration date of 12/31/2025.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Leabman Michael Aaron

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock option (right to buy)	42,250	$0.00	--
Disposition	Common Stock	21,260	$0.00	--

Holdings After Transaction: Stock option (right to buy) — 42,250 shares (Direct); Common Stock — 356 shares (Direct)

Footnotes (1)

1. The reported transaction involved the reporting person's forfeiture of previously awarded restricted stock units ("RSUs") under the Company's Omnibus Inctive Plan (the "Omnibus Incentive Plan") in lieu of salary in exchange for the grant of stock options. This option award was granted contingent upon shareholder approval of an amendment to the Omnibus Incentive Plan that increases the number of shares of Common Stock authorized for issuance under the Plan (the "Plan Amendment"). The option will become exerciseable upon shareholder approval of the Plan Amendment.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Leabman Michael Aaron

(Last) (First) (Middle)

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
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025

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	11/03/2025		D		21,260(1)	D	$0	356	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
Stock option (right to buy)	$1.25	11/03/2025		A		42,250		(2)	12/31/2025	Common Stock	42,250	$0	42,250	D

Explanation of Responses:

1. The reported transaction involved the reporting person's forfeiture of previously awarded restricted stock units ("RSUs") under the Company's Omnibus Inctive Plan (the "Omnibus Incentive Plan") in lieu of salary in exchange for the grant of stock options.

2. This option award was granted contingent upon shareholder approval of an amendment to the Omnibus Incentive Plan that increases the number of shares of Common Stock authorized for issuance under the Plan (the "Plan Amendment"). The option will become exerciseable upon shareholder approval of the Plan Amendment.

	/s/ Michael Aaron Leabman by Mark R. Busch, attorney-in-fact	11/10/2025
	** 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 (MOVE) disclose in this Form 4?

A director and Chief Technology Officer forfeited previously awarded RSUs and received a grant of stock options, reported as of 11/03/2025.

How many shares were disposed of and at what price?

The insider disposed of 21,260 shares at a reported price of $0.

What are the terms of the stock options granted?

The insider received 42,250 options with a $1.25 exercise price, expiring on 12/31/2025.

When do the options become exercisable?

The options will become exercisable upon shareholder approval of the Omnibus Incentive Plan amendment.

How many shares does the insider own after the transaction?

The insider directly owned 356 shares of common stock after the reported transactions.

Why were the RSUs forfeited?

They were forfeited in lieu of salary in exchange for the stock option grant under the company’s Omnibus Incentive Plan.