Exyn (EXYN) Director Gregory S. McNeal Receives Option Grant
$EXYN · Exyn Technologies, Inc.Research Summary
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Exyn (EXYN) Director Gregory S. McNeal Receives Option Grant
What Happened Gregory S. McNeal, a director of Exyn Technologies, was granted stock options to acquire 23,200 shares of the company's common stock on August 3, 2026. The Form 4 reports the acquisition price as $0.00 and classifies the transaction as a derivative award (grant), not a cash purchase or sale. This is a compensation/award transaction rather than an outright buy or sale of shares.
Key Details
- Transaction date: August 3, 2026; filing date: August 6, 2026 (Form 4 accession 0001104659-26-091754).
- Instrument: Stock option grant for 23,200 shares; reported acquisition price $0.00 (derivative).
- Vesting: One-third vests on August 3, 2027, and one-third on each subsequent one-year anniversary, subject to continued service (per footnote).
- Shares owned after transaction: Not specified in the provided summary of this filing.
- Filing timing: Filed three calendar days after the grant; Form 4s are generally due within two business days of the transaction.
Context This is a standard director equity grant used to align management/director incentives with shareholders; it does not represent an immediate market transaction or exercise of options. Vesting requires continued service, so the economics depend on future performance and any exercise terms not detailed here.