Swarmer, Inc: president Fink Alexander sold 12,580 shares

What happened

• Fink Alexander, president and chief executive officer, sold 12,580 shares in an open market or private sale on Oct 16, 2026, at a weighted average price of $9.87 for total proceeds of $124,165.

Key details

• Transaction date and price: Oct 16, 2026; weighted average price reported as $9.87 (sales ranged from $9.61 to $10.24 per footnote).
• Shares sold and proceeds: 12,580 shares for $124,165.
• Shares owned after the transaction: not stated on the Form 4.
• Footnotes: F1 — sale represents shares sold to satisfy tax withholding obligations in connection with the vesting of restricted stock units (sell-to-cover) and are mandated by the issuer's equity incentive plan, not discretionary trades; F2 — weighted average price with sales at prices ranging from $9.61 to $10.24; reporting person or issuer will provide a breakdown on request.
• Form filed on Oct 20, 2026 (period of report Oct 16, 2026). Remark: President and chief executive officer (U.S.).

Why it may matter

• The filing indicates the sale was to satisfy tax withholding from restricted stock unit vesting (a sell-to-cover transaction), not a discretionary sale by the reporting person. This filing does not show why the insider traded or why the company acted.