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Movano Inc. (MOVE) CEO granted 11,919 RSUs instead of cash pay for Q1 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Movano Inc. (MOVE) filed an insider trading report showing its Chief Executive Officer and director, John Mastrototaro, receiving additional equity compensation. On January 9, 2026, he was granted 11,919 shares of common stock at a price of $0.00 per share, reported as a receipt of restricted stock units under the company’s Omnibus Incentive Plan. The grant was made in lieu of cash salary for the period from January 1, 2026 to March 31, 2026. Following this award, Mastrototaro beneficially owned 16,349 shares of Movano common stock, held directly.

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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*
Mastrototaro John

(Last) (First) (Middle)
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 Executive Officer
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 11,919(1) A $0 16,349 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 restricted stock units ("RSUs") under the Company's Omnibus Incentive Plan in lieu of salary for the period January 1, 2026 to Mach 31, 2026.
/s/ John Mastrototaro by Mark R. Busch, attorney-in-fact 01/13/2026
** 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 its CEO?

Movano Inc. disclosed that Chief Executive Officer and director John Mastrototaro received a grant of 11,919 shares of common stock on January 9, 2026, reported as restricted stock units under the company’s Omnibus Incentive Plan.

How many Movano (MOVE) shares does the CEO own after this Form 4 transaction?

After the reported grant, Chief Executive Officer John Mastrototaro beneficially owned 16,349 shares of Movano Inc. common stock, held directly.

What was the price per share for the Movano CEO’s RSU grant?

The Form 4 reports that the 11,919 shares of common stock granted to Chief Executive Officer John Mastrototaro had a transaction price of $0.00 per share, reflecting a compensatory equity award rather than a market purchase.

Why did Movano (MOVE) grant RSUs to the CEO instead of paying cash salary?

The footnote explains that the transaction involved the CEO’s receipt of restricted stock units under the company’s Omnibus Incentive Plan in lieu of salary for the period from January 1, 2026 to March 31, 2026.

Is this Movano CEO transaction a purchase or a sale of shares?

The Form 4 lists the transaction code as “A”, indicating an acquisition of 11,919 shares of common stock as an equity grant, with no shares reported as sold.

What role does John Mastrototaro have at Movano Inc. (MOVE) in this filing?

In this filing, John Mastrototaro is identified as both a director and an officer of Movano Inc., serving as the company’s Chief Executive Officer.

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