MOVE Form 4: 12,442 RSUs forfeited; 55,250 options at $1.25
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Movano Inc. (MOVE) reported an insider equity change. On 11/03/2025, a director forfeited 12,442 previously awarded RSUs in lieu of directors’ fees and received a stock option for 55,250 shares at an exercise price of $1.25.
The option will become exercisable upon shareholder approval of an amendment increasing shares under the Omnibus Incentive Plan. Following the transactions, the director beneficially owned 2,690 common shares. The disclosed option lists an expiration date of 12/31/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FAIRBAIRN EMILY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 55,250 | $0.00 | -- |
| Disposition | Common Stock | 12,442 | $0.00 | -- |
Holdings After Transaction:
Stock option (right to buy) — 55,250 shares (Direct);
Common Stock — 2,690 shares (Direct)
Footnotes (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 directors' fees 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.
FAQ
What did Movano (MOVE) disclose in this Form 4?
A director forfeited 12,442 RSUs and received a stock option for 55,250 shares at $1.25 per share on 11/03/2025.
Is the new stock option immediately exercisable for MOVE?
No. It becomes exercisable upon shareholder approval of an amendment to the Omnibus Incentive Plan.
What is the exercise price and size of the option granted at Movano?
The option covers 55,250 shares at an exercise price of $1.25 per share.
Why were the RSUs forfeited by the Movano director?
Per the filing, RSUs were forfeited in lieu of directors’ fees in exchange for the grant of stock options.
What is the disclosed expiration date of the new option?
The option lists an expiration date of 12/31/2025 as disclosed.