Exyn CEO Brandon Torres Declet Receives 109,000-Share Option Grant

What Happened
Brandon Torres Declet, CEO of Exyn Technologies (EXYN), was granted stock options to purchase 109,000 shares of the company's common stock on August 3, 2026. The Form 4 reports this as an award/grant (transaction code A) and shows the acquisition as a derivative transaction; no cash was exchanged at grant. The filing does not state an exercise price or immediate value in market dollars.

Key Details

• Transaction date: August 3, 2026 (reported on Form 4 filed August 5, 2026).
• Transaction type: Award/Grant of stock options (109,000 options) — reported as derivative acquisition (code A).
• Vesting: 25% vest on August 3, 2027; remaining shares vest in equal monthly installments thereafter, subject to continued service.
• Shares owned after transaction: Not specified in the Form 4.
• Filing timeliness: Reported on Aug 5 for the Aug 3 grant (filed timely; not marked late).
• Footnote: Filing explicitly states these are stock options; no indication the options were exercised or sold.

Context
This was a grant of stock options (a future right to buy shares if and when exercised), not a purchase or sale of shares. Such awards are common for executives as compensation and are subject to vesting conditions; they do not represent immediately tradable stock unless and until exercised and any vesting conditions are met.