Swarmer (SWMR) Director Philip Wagenheim Receives Award
$SWMR · Swarmer, IncResearch Summary
AI-generated summary of this SEC filing
Swarmer (SWMR) Director Philip Wagenheim Receives Award
What Happened
Philip Wagenheim, a director of Swarmer, Inc. (SWMR), was granted an award on August 13, 2026 that the filing reports as an acquisition of 2,511 derivative shares at a reported price of $0.00. Per the filing footnote, the shares underlying this award/option vested immediately on the grant date. The Form 4 shows no cash payment for the award and no accompanying sale.
Key Details
- Transaction date: 2026-08-13 (reported on Form 4 filed 2026-08-17)
- Transaction type/code: Grant/Award (code A); recorded as a derivative acquisition
- Quantity and price: 2,511 shares at $0.00 (SEC Form 4 reporting basis)
- Footnote: The shares underlying this option vested immediately on the grant date (F1)
- Shares owned after transaction: Not disclosed in the provided filing
- Timeliness: Form 4 was filed 4 days after the transaction date (Aug 17); appears to have been reported within the normal SEC Form 4 reporting window.
Context
This was an award/grant of a derivative security (an option-like award whose underlying shares vested immediately), not an open-market purchase or a sale. Awards to directors are commonly part of compensation packages and do not by themselves indicate buying or selling sentiment. Because the award vested immediately, the insider holds vested rights to the underlying shares subject to the award’s settlement/exercise terms noted in the filing.