Movano Inc. (MOVE) director gets RSU grants instead of cash fees

Rhea-AI Filing Summary

Movano Inc. director Shaheen Wirk reported stock-based compensation rather than a cash payment. On January 9, 2026, Wirk received a grant of 2,980 restricted stock units (RSUs) under Movano’s Omnibus Incentive Plan in lieu of cash directors’ fees for the period from January 1, 2026 to June 30, 2026. On the same date, Wirk received a separate grant of 2,980 RSUs under the same plan for service over that same January 1, 2026 to June 30, 2026 period.

Both transactions are reported at a price of $0 per share, reflecting equity compensation rather than a market purchase. Following these grants, Wirk is shown as beneficially owning 5,860 shares of Movano common stock directly.

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

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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)
01/09/2026

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	01/09/2026		A		2,980(1)	A	$0	2,980	D
Common Stock	01/09/2026		A		2,980(2)	A	$0	5,860	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 2,980 restricted stock units ("RSUs") under the Company's Omnibus Incentive Plan in lieu of cash directors' fees for the period January 1, 2026 to June 30, 2026.

2. The reported transaction involved the reporting person's receipt of a grant of 2,980 RSUs under the Company's Omnibus Incentive Plan for the period January 1, 2026 to June 30, 2026.

	/s/ Shaheen Wirk by Mark R. Busch, attorney-in-fact	01/12/2026
	** 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 insider transaction did Movano Inc. (MOVE) disclose for Shaheen Wirk?

The filing reports that Movano Inc. director Shaheen Wirk received two equity grants of 2,980 restricted stock units (RSUs) each on January 9, 2026 under the company’s Omnibus Incentive Plan.

How many Movano (MOVE) shares does Shaheen Wirk beneficially own after this Form 4?

After the reported transactions, Shaheen Wirk is shown as beneficially owning 5,860 shares of Movano Inc. common stock, held directly.

What period of service do Shaheen Wirk’s RSU grants at Movano (MOVE) cover?

Both RSU grants to Shaheen Wirk relate to director service for the period from January 1, 2026 to June 30, 2026, as stated in the footnotes.

Were Shaheen Wirk’s Movano (MOVE) RSU grants paid in cash or stock?

The Form 4 explains that one grant of 2,980 RSUs was received in lieu of cash directors' fees, and another grant of 2,980 RSUs was additional equity compensation for the same service period.

What transaction code is used for Shaheen Wirk’s Movano (MOVE) equity awards?

Both entries in the Form 4 use transaction code "A", indicating an acquisition of securities, with each grant reported at a price of $0 per share.

Is Shaheen Wirk a director or officer of Movano Inc. (MOVE)?

The filing identifies Shaheen Wirk as a director of Movano Inc. and does not list any officer role or 10% ownership status.