Fink Alexander 4

What Happened

• Alexander Fink, President and Chief Executive Officer of Swarmer, Inc. (10% owner), was granted 1,341,840 restricted stock units (RSUs) and an option award covering 400,000 shares on March 18, 2026. Both grants have an acquisition price of $0.00 (i.e., awards, not purchases) and therefore no immediate cash value recorded in the filing. The RSUs and the shares underlying the option vest over four years, with one-forty-eighth (1/48) of the grant vesting each monthly anniversary of the grant date, subject to continued service.

Key Details

• Transaction date: March 18, 2026; Report filed: March 18, 2026 (appears timely).
• Awards: 1,341,840 RSUs @ $0.00; Option covering 400,000 shares @ $0.00.
• Total potential shares from the grants: 1,741,840 (1,341,840 RSUs + up to 400,000 option shares).
• Vesting: Four-year schedule, monthly vesting (1/48 each month).
• Grants were made under Fink’s Employment Agreement (dated Sept 22, 2025, amended Feb 18, 2026) and were approved by the company’s board.
• Shares owned after the transaction are not specified in the information provided.

Context

• RSUs: represent a promise to issue shares upon vesting; no shares are received until each vesting date and no immediate sale occurred.
• Option award: a derivative that gives the right to acquire shares in the future if/when exercised; this filing records the grant, not an exercise or sale.
• For retail investors: compensation grants are common for executives and do not by themselves indicate buying or selling intent. As a 10% owner and CEO, these awards are part of executive compensation and tied to service-based vesting.