STOCK TITAN

Swarmer board member reports 28.7% ownership stake

The reported 28.7% includes shares underlying options exercisable as of September 22, 2026, and options becoming exercisable within 60 days afterward.

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Swarmer, Inc. board member and former CEO (Global) Serhii Kupriienko reported acquiring 235,163 shares on September 21, 2026, upon exercising options at $0.00001 per share; he paid an aggregate exercise price of $2.35 from personal funds. His reported beneficial ownership was 4,674,528 shares, or 28.7% of the class, based on 16,004,739 shares outstanding as of August 31, 2026. The reported ownership includes 4,372,700 common shares, 50,000 shares underlying options vested and exercisable as of September 22, 2026, and 251,828 shares underlying options set to vest and become exercisable within 60 days after that date. It excludes 1,509,147 shares underlying options vesting beyond 60 days.

Positive

  • None.

Negative

  • None.

Filing Explained

The amendment clarifies that the option exercise resulted in Swarmer issuing 235,163 common shares to Kupriienko on September 21—not just an unexercised award; that issuance increases the share count and reduces existing holders’ percentage ownership absent offsetting changes.

Shares acquired upon option exercise 235,163 shares September 21, 2026
Exercise price per share $0.00001 per share Options exercised September 21, 2026
Aggregate exercise price $2.35 Paid from personal funds
Beneficial ownership 4,674,528 shares Reported in the ownership statement
Percentage of class 28.7% Based on shares outstanding as of August 31, 2026
Shares outstanding 16,004,739 shares As of August 31, 2026
Options excluded from reported beneficial ownership 1,509,147 shares Underlying options vesting beyond 60 days after September 22, 2026
beneficially owned financial
"4,674,528 shares beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power financial
"Sole Dispositive Power 4,674,528.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
restricted stock units financial
"forfeited 1,202,065 unvested restricted stock units"
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.
stock options financial
"acquired 235,163 shares of common stock upon the exercise of stock options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SWMR shares did Serhii Kupriienko acquire through option exercise?

On September 21, 2026, Serhii Kupriienko acquired 235,163 shares upon exercising options at $0.00001 per share. He paid an aggregate exercise price of $2.35 from personal funds.

What percentage of SWMR did Serhii Kupriienko beneficially own?

Serhii Kupriienko reported beneficial ownership of 4,674,528 shares, or 28.7% of the class. The percentage was based on 16,004,739 shares outstanding as of August 31, 2026.

What other equity transactions did Serhii Kupriienko report?

On August 9, 2026, he exercised vested options to receive 3,997,762 shares. He forfeited 1,202,065 unvested restricted stock units on August 19, 2026, and received 55,910 shares on August 20, 2026, pursuant to previously vested restricted stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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86989Y109

(CUSIP Number)
Daniel Bagliebter
Mintz, Levin, Cohn, Ferris, Glovsky and, 919 Third Avenue
New York, NY, 10022
212-692-3000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/21/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Consists of (i) 4,372,700 shares of common stock, (ii) 50,000 shares of common stock underlying options that have vested and are exercisable as of September 22, 2026 and (iii) 251,828 shares of common stock underlying options that will vest and become exercisable within 60 days after such date, in each case held by the Reporting Person. The number of shares beneficially owned does not reflect 1,509,147 shares of common stock underlying options held by the Reporting Person that will vest more than 60 days after such date.


SCHEDULE 13D


Serhii Kupriienko
Signature:/s/ Serhii Kupriienko
Name/Title:Serhii Kupriienko
Date:09/23/2026

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