Forge Nano: Chief legal counsel Curtis J. Zimmermann received 986,476 shares

What happened

• Curtis J. Zimmermann, chief legal counsel, received awards of derivative securities totaling 986,476 shares on Oct 22, 2026. The filing lists eight grants: 308,608; 26,358; 19,946; 170,603; 12,823; 25,361; 321,601; and 101,176. Price per share is reported as N/A because these are derivative awards (stock options and performance stock units).

Key details

• Transaction date and price: Oct 22, 2026; price: N/A (awards/grants, derivative instruments).
• Number of grants: 8 grants totaling 986,476 derivative interests.
• Shares owned after the transaction: not reported in the Form 4.
• Relevant footnotes:
  • F1: Awards include stock options that were converted from Forge Nano, Inc.'s 2017 Equity Incentive Plan into options exercisable for the issuer's common stock in connection with the business combination; exercisable following closing.
  • F2: For one award, 25% vested on Apr 1, 2025; remaining 75% vest in 36 substantially equal monthly installments subject to continued service.
  • F3: For one award, 25% vested on Dec 12, 2025; remaining 75% vest in 36 substantially equal monthly installments subject to continued service.
  • F4: For one award, 25% vested on Oct 1, 2026; remaining 75% will vest in 36 substantially equal monthly installments subject to continued service.
  • F5: For one award, 25% will vest on Mar 31, 2027; remaining 75% will vest in 36 substantially equal monthly installments subject to continued service.
  • F6: Represents performance stock units (PSUs); vesting in 1/3 increments if the VWAP of the common stock equals or exceeds $15.00, $20.00, $25.00 over any 30 trading day period or if revenue for the preceding 12 months equals or exceeds $400,000,000; $600,000,000; $800,000,000, respectively.
  • F7/F8: Additional PSUs with the same VWAP/revenue thresholds as F6, subject to continued service through each applicable vesting event.
• Filing timeliness: the Form 4 does not indicate a late filing.

Why it may matter

• These were awards/grants of derivative securities (stock options and PSUs), not open-market purchases or sales.
• Several grants include multi-year vesting schedules and PSU vesting tied to VWAP and revenue thresholds, which could result in future issuance of shares if vesting conditions are met.
• A filing does not show why the insider traded or why the company acted.