TG-17 (OBAI) director and officer discloses sizable option awards

Rhea-AI Filing Summary

TG-17, Inc. insider Michael Lambert files an initial ownership report showing existing option holdings. Lambert is a director and serves as Head of Commercial Operations for TG-17, Inc. (OBAI). The filing lists two equity option awards over common stock held directly.

One option award covers 231,821 shares of common stock at an exercise price of $0.4203 per share, exercisable from 02/05/2024 until 05/29/2034. A second award covers 12,500 shares at an exercise price of $1.17, exercisable from 01/01/2025 until 06/28/2035. The Form 3 simply records Lambert’s beneficial ownership of these derivative securities as of the reporting date.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Lambert Michael Theodore IV

(Last) (First) (Middle)

85 BROAD STREET

(Street)

NEW YORK NY 10004

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/04/2026

3. Issuer Name and Ticker or Trading Symbol
TG-17, Inc. [ OBAI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Head of Commercial Operations

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Equity Option Award	02/05/2024	05/29/2034	Common Stock	231,821	$0.4203	D
Equity Option Award	01/01/2025	06/28/2035	Common Stock	12,500	$1.17	D

Explanation of Responses:

	/s/ Michael Lambert	02/12/2026
	** 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 5 (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.
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FAQ

What does Michael Lambert’s Form 3 filing for OBAI disclose?

The Form 3 discloses Michael Lambert’s existing beneficial ownership of equity option awards in TG-17, Inc. It lists two direct option positions over common stock, including their exercise prices, share amounts, and long-dated expiration schedules, establishing his baseline insider holdings as of the reporting date.

What positions does Michael Lambert hold at TG-17, Inc. (OBAI)?

Michael Lambert is both a director and an officer at TG-17, Inc., serving as Head of Commercial Operations. The Form 3 links his insider status to disclosed option holdings, providing transparency into the equity-based interests tied to his leadership role at the company.

What equity option awards are reported in the OBAI Form 3 filing?

The filing lists two equity option awards over TG-17 common stock. One covers 231,821 shares at a $0.4203 exercise price, and another covers 12,500 shares at $1.17. Each award includes specified exercisability dates and expiration dates extending into the 2030s.

Are the OBAI insider option holdings reported as direct or indirect ownership?

Both equity option awards reported in the Form 3 are listed as directly owned by Michael Lambert. The ownership code is “D” for each position, and there is no stated nature of indirect beneficial ownership or related-entity attribution in the provided filing details.

Does the Form 3 for OBAI show any insider buying or selling activity?

The Form 3 reflects holdings rather than new buying or selling transactions. It records Michael Lambert’s beneficial ownership of existing equity option awards, including share counts and exercise prices, serving as an initial baseline disclosure of his derivative positions in TG-17, Inc.