Lehnhardt Aaron J 4

What Happened Aaron J. Lehnhardt, Knightscope’s Executive Vice President and Chief Design Officer, received a grant of 355,176 derivative shares (an option award) on June 4, 2026. The Form 4 reports an exercise/price of $0.00 for the award (recorded value $0 on the form); this is a compensation grant, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (filed within required reporting window).
• Security: derivative (option) award of 355,176 shares; price shown on filing: $0.00.
• Vesting: 25% vests annually on June 4 of 2027, 2028, 2029 and 2030, subject to continued employment (per footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction type code: A = Award/Grant (compensation), not a purchase (P) or sale (S).

Context This was a compensation grant (an option award) rather than a market purchase or sale; such grants are typical for executive compensation and do not necessarily signal immediate buy/sell intent. The options vest over four years, so the economic benefit depends on continued service and future company performance.