Forge Nano Holdings: pres. of Forge Battery, Inc. Shane Smith received 926,110 shares

What happened

• Shane Smith, pres. of Forge Battery, Inc., was granted two derivative awards on Oct 22, 2026: 284,957 stock options (converted from Forge Nano 2017 Equity Incentive Plan) and 641,153 performance stock units (PSUs). The filing lists price as N/A for these derivative acquisitions.

Key details

• Transaction date: Oct 22, 2026; transaction code: A (award/grant).
• Reported price: N/A (derivative awards).
• Shares acquired: 284,957 stock options; 641,153 performance stock units (total 926,110).
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 notes the options were converted from Forge Nano options under the 2017 plan and are exercisable following closing of the business combination; F2 states 25% of the stock options vest on Mar 31, 2027, with the remaining 75% vesting in 36 substantially equal monthly installments subject to continued service; F3 and F4 describe the PSUs (each representing a right to one common share) vesting in three equal tranches tied to either VWAP targets of $15.00, $20.00 and $25.00 over any 30 trading day period or revenue targets of $400,000,000, $600,000,000 and $800,000,000, respectively, and subject to continued service.
• Whether it was filed late: not indicated in the filing.

Why it may matter

• These entries are derivative awards (options and PSUs), not open-market purchases or sales; the options were converted and will be exercisable after the business combination closes, and the PSUs vest based on time and VWAP or revenue performance conditions. A filing does not show why the insider traded or why the company acted.