Swarmer (SWMR) Director Amir Frenkel Receives 2,511-Share Award

What Happened
Amir Frenkel, a director of Swarmer, Inc. (SWMR), was granted a derivative award on 2026-08-13 representing 2,511 shares. The Form 4 reports an acquisition price of $0.00 and a reported total value of $0. The filing’s footnote states the shares underlying this option vested immediately on the grant date. This was an equity award (compensation/derivative grant), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-13 (reported on Form 4 filed 2026-08-17).
• Security/amount: 2,511 derivative shares; reported price $0.00; total reported value $0.
• Vesting: Footnote indicates the underlying shares/options vested immediately on the grant date.
• Shares owned after transaction: Not specified in the excerpt of the filing.
• Timeliness: Filing dated Aug 17 for an Aug 13 transaction—Form 4s are normally due within two business days, so this appears to have been filed after the typical deadline.

Context
This was a compensation-style award (derivative grant) rather than a market purchase; such grants are common for executives and directors and do not, by themselves, indicate a director buying stock in the open market. Immediate vesting means Frenkel had immediate entitlement to the underlying shares/options per the filing, but the Form 4 does not provide additional details (e.g., exercise price, type of derivative beyond the footnote). Retail investors should view award grants as part of compensation practices rather than directional insider buying or selling unless accompanied by market purchases.