Gordon Michael Adam 4

What Happened
Gordon Michael Adam, General Counsel of PAVmed, was granted 110,000 restricted shares (transaction code A) on April 2, 2026. The grant price is $0.00, so there was no cash exchanged. This was an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-04-02; Filing date: 2026-04-03 (timely filing).
• Amount: 110,000 restricted shares granted at $0.00 (total cash value on grant = $0).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: The shares are restricted stock issued under the Issuer’s Seventh Amended and Restated 2014 Long-Term Incentive Equity Plan, with a single vesting date of May 20, 2029 and subject to forfeiture if the service period is not completed (Footnote F1).
• Transaction code: A = Award/Grant.

Context
Restricted stock awards are a form of compensation/retention and typically cannot be sold or transferred until they vest; they are not a market bet by the insider. This grant does not represent a sale or an open-market purchase and did not generate cash for the insider at grant.