Swarmer (SWMR) CEO Alexander Fink Sells 60,328 Shares

What Happened Alexander Fink, President and CEO of Swarmer, sold 60,328 shares on 2026-09-21 in a transaction reported on Form 4. The filing shows a weighted-average price of $22.59 per share for total proceeds of $1,362,991. The sale was undertaken to satisfy tax withholding on vested restricted stock units (RSUs), not as a discretionary open-market sale.

Key Details

• Transaction date: 2026-09-21; Form 4 filed: 2026-09-23 (appears timely, within standard 2-business-day reporting window).
• Shares sold: 60,328; weighted-average price: $22.59; total proceeds: $1,362,991.
• Price range reported: $22.02 to $24.00 across multiple trades (weighted average shown).
• Reason/footnote: Sell-to-cover to satisfy tax withholding on vested RSUs (footnote F1). This was mandated under the issuer’s equity incentive plan and not a discretionary trade by the insider. (Footnote F2 notes the weighted-average price and availability of per-trade prices on request.)
• Shares owned after transaction: not disclosed in the portion of the filing provided here.

Context Sell-to-cover transactions are common when RSUs vest and typically reflect tax obligations rather than a CEO expressing a view on the company’s stock. Because this sale was to satisfy withholding, it is less informative about management’s market sentiment than a voluntary open-market sale or purchase.