Nano Nuclear (NNE) CFO exercises options and sells 37,215 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nano Nuclear Energy Inc. Chief Financial Officer Jaisun Garcha reported an exercise-and-sell transaction in company stock. On June 3, 2026, he exercised stock options at an exercise price of $3.00 per share and settled Restricted Stock Units granted under the 2025 Equity Incentive Plan, acquiring a total of 37,215 shares of common stock.
That same day, he sold 37,215 shares of common stock in multiple open-market transactions at weighted-average prices ranging from $25.71 to $29.91 per share pursuant to a pre-arranged Rule 10b5-1 trading plan. Following these transactions, he directly holds 345,000 shares of common stock, 87,845 RSUs and 150,000 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 37,215 shares ($985,617)
Net Sell
9 txns
Insider
Garcha Jaisun
Role
Chief Financial Officer
Sold
37,215 shs ($986K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 20,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 17,215 | $0.00 | -- |
| Exercise | Common Stock | 20,000 | $3.00 | $60K |
| Sale | Common Stock | 20,000 | $26.083 | $522K |
| Exercise | Common Stock | 17,215 | $0.00 | -- |
| Sale | Common Stock | 15,223 | $26.844 | $409K |
| Sale | Common Stock | 1,761 | $27.594 | $49K |
| Sale | Common Stock | 174 | $28.81 | $5K |
| Sale | Common Stock | 57 | $29.91 | $2K |
Holdings After Transaction:
Stock Options — 150,000 shares (Direct, null);
Restricted Stock Units — 87,845 shares (Direct, null);
Common Stock — 365,000 shares (Direct, null)
Footnotes (1)
- Represents shares of common stock issued upon exercise of certain options originally granted to the reporting person at the exercise price of $3.00 per share, which were fully vested and exercisable on June 7, 2023, with expiry on June 7, 2026. On June 3, 2026, such options were exercised. Represents shares of common stock issued upon the settlement of certain Restricted Stock Units ("RSUs") granted on June 3, 2025 under the Issuer's 2025 Equity Incentive Plan based on a value per share of $29.18, the closing price of the Issuer's common stock as reported on The Nasdaq Capital Market on June 3, 2025. On June 3, 2026, one third (1/3) of such RSUs were vested and settled. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025. This transaction was executed in multiple trades during the day at prices ranging from $25.7100 to $26.4300. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $26.4300 to $27.4000. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $27.4300 to $27.9400. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed at a price of $28.8100. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed at a price of $29.9100. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
Key Figures
Shares sold: 37,215 shares
Option exercise price: $3.00 per share
Highest reported sale price: $29.91 per share
+5 more
8 metrics
Shares sold
37,215 shares
Total common shares sold on June 3, 2026
Option exercise price
$3.00 per share
Strike price of stock options exercised
Highest reported sale price
$29.91 per share
Open-market sale price for 57 shares
Lowest sale price range
$25.71 per share
Lower bound of one intraday sale range
Common shares held after
345,000 shares
Direct common stock ownership following transactions
RSUs remaining
87,845 units
Restricted Stock Units outstanding after settlement
Stock options remaining
150,000 options
Stock options outstanding after exercises
RSU grant reference price
$29.18 per share
Closing price used to value RSUs granted June 3, 2025
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units ("RSUs"), weighted-average price, Equity Incentive Plan, +1 more
5 terms
Rule 10b5-1 trading plan financial
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units ("RSUs") financial
"Represents shares of common stock issued upon the settlement of certain Restricted Stock Units ("RSUs") granted on June 3, 2025 under the Issuer's 2025 Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
weighted-average price financial
"This transaction was executed in multiple trades during the day at prices ranging from $25.7100 to $26.4300. The weighted-average price is reported above."
Equity Incentive Plan financial
"RSUs granted on June 3, 2025 under the Issuer's 2025 Equity Incentive Plan based on a value per share of $29.18"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Nano Nuclear Energy (NNE) report for its CFO?
Nano Nuclear Energy’s CFO reported option exercises, RSU settlement, and open-market sales. On June 3, 2026, he acquired 37,215 shares through option exercises and RSU settlement, then sold 37,215 shares in open-market trades while retaining a substantial remaining equity position in the company.
Were the Nano Nuclear Energy (NNE) CFO’s stock sales pre-planned under Rule 10b5-1?
Yes, the CFO’s stock sales were executed under a Rule 10b5-1 trading plan. A footnote states the transactions were effected pursuant to a trading plan adopted in September 2025, indicating the sales were pre-arranged rather than timed discretionarily around short-term company developments.
What equity awards were involved in the Nano Nuclear Energy (NNE) CFO’s Form 4 filing?
The filing involves both stock options and Restricted Stock Units. The CFO exercised options originally granted at a $3.00 strike price and settled RSUs granted under the 2025 Equity Incentive Plan, resulting in 37,215 shares issued before the same-day open-market sales.