Movano (MOVE) director exercises 55,250 options, updates share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Movano Inc. director Emily Fairbairn exercised stock options for 55,250 shares of Common Stock at an exercise price of $1.25 per share. The options were previously granted contingent on shareholder approval of an amendment to the Omnibus Incentive Plan and became exercisable after approval on December 16, 2025.
Following the exercise on March 16, 2026, she holds 68,369 shares of Common Stock directly. Additional Common Stock is held indirectly through the Fairbairn Unitrust and Valley High Limited Partnership, where she has voting and investment power, while disclaiming beneficial ownership in the trust except for her and her spouse’s pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
55,250 shares exercised/converted
Mixed
4 txns
Insider
FAIRBAIRN EMILY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 55,250 | $0.00 | -- |
| Exercise | Common Stock | 55,250 | $1.25 | $69K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 shares (Direct);
Common Stock — 68,369 shares (Direct);
Common Stock — 33,232 shares (Indirect, See footnote)
Footnotes (1)
- The securities are held by the Malcolm P. Fairbairn and Emily T. Fairbairn Charitable Remainder Unitrust ("Fairbairn Unitrust"). Emily Fairbairn has voting and investment power over the securities held by Fairbairn Unitrust. Ms. Fairbairn disclaims beneficial ownership of the securities held by Fairbairn Unitrust, except to the extent of her and her spouse's pecuniary interest therein. The securities are held by Valley High Limited Partnership ("Valley High"). Emily Fairbairn has voting and investment power over the shares held by Valley High. 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 became exerciseable upon shareholder approval of the Plan Amendment on December 16, 2025.
FAQ
What did Movano (MOVE) director Emily Fairbairn report in this Form 4?
Emily Fairbairn reported exercising stock options to acquire 55,250 shares of Movano Common Stock at $1.25 per share. The filing also updates her direct and indirect shareholdings, reflecting both personally held shares and positions held through related entities.
What were the terms of the Movano stock options Emily Fairbairn exercised?
The stock options allowed Emily Fairbairn to purchase 55,250 Movano Common Stock shares at an exercise price of $1.25 per share. The options were contingent on shareholder approval of an Omnibus Incentive Plan amendment and became exercisable after approval on December 16, 2025.
How are Emily Fairbairn’s indirect Movano (MOVE) holdings structured?
Indirect holdings are held through the Fairbairn Unitrust and Valley High Limited Partnership. She has voting and investment power over these securities, but disclaims beneficial ownership of the trust’s securities except for her and her spouse’s pecuniary interest, as described in the footnotes.
Does this Movano Form 4 show any open-market buying or selling by Emily Fairbairn?
The Form 4 reports an option exercise, not open-market buying or selling. Code M indicates a derivative exercise, where options were converted into 55,250 shares of Common Stock at a fixed exercise price rather than through market purchases or sales.