Form 4: Movano Inc. CFO Jeremy Cogan Acquires 363,250 Stock Options
SEC Form 4 Filing
Movano Inc.'s CFO, Jeremy Cogan, acquired 363,250 stock options on May 15, 2024, at an exercise price of $0.47.
Summary
- On May 15, 2024, Jeremy Cogan, the CFO of Movano Inc., acquired 363,250 stock options.
- The exercise price for these options is $0.47 per share.
- The options are exercisable immediately and expire on May 15, 2034.
- Following the transaction, Cogan directly owns 363,250 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of stock option grants to a company executive.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the transactions of company executives.
Stakeholder Impact
- The acquisition of stock options by the CFO could be seen as a positive sign by shareholders, indicating confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of earliest transaction: Jeremy Cogan acquired 363,250 stock options at $0.47. |
| 05/15/2024 | Date the stock options are exercisable. |
| 05/15/2034 | Expiration date of the stock options. |
| 05/17/2024 | Date of signature by attorney-in-fact. |
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