Movano (MOVE) CTO takes 11,174 RSUs instead of cash salary for Q1 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Movano Inc.'s Chief Technology Officer Michael Aaron Leabman received 11,174 shares of common stock on January 9, 2026 through a grant of restricted stock units. The RSUs were issued under the company’s Omnibus Incentive Plan in lieu of cash salary for the period from January 1, 2026 to March 31, 2026, so no cash was paid per share. Following this grant, Leabman directly beneficially owned 33,813 shares of Movano common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Leabman Michael Aaron
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,174 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,813 shares (Direct)
Footnotes (1)
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FAQ
What did Movano (MOVE) disclose about its CTO in this Form 4?
Movano reported that Chief Technology Officer Michael Aaron Leabman received 11,174 shares of common stock via restricted stock units on January 9, 2026.
What period of salary was replaced by RSUs for Movano's CTO?
The RSU grant covered salary for the period from January 1, 2026 to March 31, 2026, according to the explanation of responses.
Is the Movano CTO considered an insider under SEC rules?
Yes. The filing identifies Michael Aaron Leabman as both a director and an officer (Chief Technology Officer) of Movano, making him a reporting insider.
What type of security was granted to the Movano CTO in this transaction?
The transaction involved restricted stock units (RSUs) that settle into Movano common stock, granted under the company’s Omnibus Incentive Plan.