MOVE insider grant: 33,096 RSUs awarded to director, ownership 151,452

Rhea-AI Filing Summary

Movano Inc. director Brian Cullinan received a grant of 33,096 restricted stock units (RSUs) on 10/03/2025 that were issued in lieu of directors' fees for the period October 1, 2025 to December 31, 2025. The RSUs carry a reported price of $0 and the filing shows 151,452 RSUs or shares beneficially owned by the reporting person following the award. The Form 4 was signed on 10/07/2025 by an attorney-in-fact.

The transaction is recorded as an award under the company's Omnibus Incentive Plan and increases the director's reported beneficial ownership. No cash purchase or sale price is reported because these RSUs were granted in lieu of cash fees.

Positive

• 33,096 RSUs granted to the director in lieu of cash preserves company cash
• Beneficial ownership increased to 151,452, aligning director incentives with shareholders

Negative

• Vesting and settlement terms not disclosed in this Form 4, limiting clarity on timing of share issuance
• Grant reported at $0 provides no cash inflow and may dilute existing shareholders upon settlement

Insights

Corporate Governance Specialist

Director received RSUs instead of cash fees, increasing reported ownership.

The grant of 33,096 RSUs was issued under the Omnibus Incentive Plan in lieu of directors' fees for the quarter ending 12/31/2025, which raises the reporting person's beneficial ownership to 151,452 units. This is a common practice to conserve cash while continuing to compensate non-employee directors.

Key dependencies include the RSUs' vesting and settlement terms, which are not detailed in the filing, and potential dilution effects if and when the RSUs convert to shares. Watch for future filings that disclose vesting schedules or share-settlement timing within the next 12 months.

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
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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^*

Cullinan Brian

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/03/2025

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	10/03/2025		A		33,096(1)	A	$0	151,452	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 33,096 restricted stock units ("RSUs") under the Company's Omnibus Incentive Plan in lieu of directors' fees for the period October 1, 2025 to December 31, 2025. The total reported in Column 5 consists solely of RSUs.

	/s/ Brian Cullinan by Mark R. Busch, attorney-in-fact	10/07/2025
	** 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) report in the Form 4 filed for Brian Cullinan?

The Form 4 reports a grant of 33,096 RSUs to Brian Cullinan on 10/03/2025, issued in lieu of directors' fees, raising his reported beneficial ownership to 151,452.

Were the RSUs granted to the director purchased or issued for cash?

No cash transaction is reported; the RSUs were issued in lieu of directors' fees and are reported with a price of $0.

Under what plan were the RSUs granted?

The RSUs were granted under the company's Omnibus Incentive Plan as stated in the Form 4 explanation.

Does the Form 4 disclose the RSUs' vesting or settlement schedule?

No. The filing states the RSUs were granted for the period 10/01/2025 to 12/31/2025 but does not disclose detailed vesting or settlement dates.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by /s/ Brian Cullinan by Mark R. Busch, attorney-in-fact on 10/07/2025.