Form 4: Director Diane Hare Executes Stock Sale for NNE

Director Diane Elizabeth Hare exercised restricted stock units and sold 3,428 shares of Nano Nuclear Energy Inc. common stock.

Summary

• Director Diane Elizabeth Hare acquired 3,428 shares of common stock through the vesting and settlement of Restricted Stock Units (RSUs).
• Following the acquisition, the director sold the entire 3,428 shares in multiple transactions on June 3, 2026.
• The sales were executed at weighted-average prices ranging from $26.309 to $28.87 per share.
• The transactions were conducted pursuant to a Rule 10b5-1 trading plan adopted in September 2025.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event; the sale was executed under a pre-arranged 10b5-1 plan, which is a routine administrative action for directors.

Positives

• The transaction was pre-planned under a Rule 10b5-1 trading plan, indicating the sales were not based on non-public information.

Negatives

• The director liquidated their entire holdings acquired from the RSU vesting, resulting in zero remaining shares held by the director following these specific transactions.

Risks

• Insider selling can sometimes be perceived by the market as a lack of long-term confidence in the stock price, despite the use of a pre-planned trading arrangement.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that insider selling via 10b5-1 plans is a standard corporate governance practice for executives and directors to diversify holdings without triggering market concerns regarding material non-public information.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for corporate insiders to manage equity compensation and avoid potential insider trading allegations.

Stakeholder Impact

• Minimal impact on shareholders as the sale was conducted through a pre-established, automated trading plan.

Next Steps

• No future actions or milestones mentioned.

Key Dates

Keywords

Nano Nuclear Energy, NNE, Insider Trading, Form 4, Director Sale, Equity Incentive Plan