Swarmer director exercises 235,163 stock options
The reported transactions also include forfeiture of 1,202,065 unvested RSUs after employment with a subsidiary ended.
Rhea-AI Filing Summary
Swarmer, Inc. (SWMR) director and 10% owner Serhii Kupriienko exercised 235,163 stock options on September 21, 2026, at an exercise price of $0.00001 per share, acquiring 235,163 common shares. His reported post-transaction option position was 1,410,975 options.
On August 19, 2026, 1,202,065 unvested restricted stock units were forfeited when his employment with an issuer subsidiary ended. The report says this transaction was reported late due to an inadvertent administrative error, not an error by Kupriienko. The options vest over four years: one-fourth on the one-year anniversary of the grant date and one-forty-eighth monthly thereafter, subject to continued service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
235,163 shares exercised/converted
Exercise
3 txns
Insider
Kupriienko Serhii
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F2, F3 | 235,163 | $0.00 | $0.00 |
| Exercise | Common Stock F2 | 235,163 | -- | -- |
| Disposition | Common Stock F1 | 1,202,065 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 1,410,975 contracts (Direct);
Common Stock — 4,372,700 shares (Direct)
Footnotes (3)
- F1. The restricted stock units held by the Reporting Person that were unvested upon the termination of his employment with a subsidiary of the Issuer on August 19, 2026 were forfeited. This transaction is being reported late due to an inadvertent administrative error and not any error of the Reporting Person.
- F2. $0.00001.
- F3. The shares underlying this option vest over a four-year period with (i) one-fourth vesting on the one-year anniversary of the grant date and (ii) one-forty-eighth vesting monthly thereafter, subject to the Reporting Person's continued service through the applicable vesting date.
Key Figures
Options exercised: 235,163 options
Exercise price: $0.00001 per share
Common shares acquired: 235,163 shares
+5 more
8 metrics
Options exercised
235,163 options
September 21, 2026
Exercise price
$0.00001 per share
Options exercised September 21, 2026
Common shares acquired
235,163 shares
September 21, 2026 option exercise
Post-transaction option position
1,410,975 options
Reported after the September 21, 2026 transaction
Unvested restricted stock units forfeited
1,202,065 units
August 19, 2026
Vesting period
Four years
Option vesting schedule
Initial vesting installment
One-fourth
On the one-year anniversary of the grant date
Monthly vesting installment
One-forty-eighth
Monthly after the one-year grant anniversary
Key Terms
restricted stock units, exercise price, vest, continued service
4 terms
restricted stock units financial
"restricted stock units held by the Reporting Person that were unvested"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
exercise price financial
"$0.00001."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest financial
"shares underlying this option vest over a four-year period"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continued service financial
"subject to the Reporting Person's continued service through the applicable vesting date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many SWMR options did Serhii Kupriienko exercise, and at what price?
Serhii Kupriienko exercised 235,163 options on September 21, 2026, at $0.00001 per share, acquiring 235,163 common shares. His reported post-transaction option position was 1,410,975 options.
How many unvested RSUs were forfeited at Swarmer?
1,202,065 unvested restricted stock units were forfeited on August 19, 2026, upon termination of Kupriienko's employment with a Swarmer subsidiary.
What was the vesting schedule for Kupriienko's SWMR options?
The options vest over four years, with one-fourth vesting on the one-year anniversary of the grant date and one-forty-eighth monthly thereafter, subject to continued service through each applicable vesting date.
Did Serhii Kupriienko report a Rule 10b5-1 plan for these SWMR transactions?
No Rule 10b5-1 plan is reported for these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
