STOCK TITAN

Movano (MOVE) director exercises 55,250 options, updates share holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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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*
FAIRBAIRN EMILY

(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)
03/16/2026
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 03/16/2026 M 55,250 A $1.25 68,369 D
Common Stock 33,232 I See footnote(1)
Common Stock 3,522 I See footnote(2)
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
Stock Options (Right to Buy) $1.25 03/16/2026 M 55,250 (3) 06/30/2026 Common Stock 55,250 $0.00 0 D
Explanation of Responses:
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.
2. 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.
3. 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.
/s/ Emily Fairbairn by Mark R. Busch, attorney-in-fact 03/17/2026
** 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 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.

How many Movano (MOVE) shares does Emily Fairbairn hold directly after the transaction?

After exercising the options, Emily Fairbairn directly holds 68,369 shares of Movano Common Stock. This figure reflects her position following the March 16, 2026 exercise and excludes additional shares held indirectly through the Fairbairn Unitrust and Valley High Limited Partnership.

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.
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