Elefant Dov 4

What Happened Dov Elefant, Chief Financial Officer of Femasys Inc. (FEMY), was granted two awards totaling 342,000 restricted stock units (RSUs) on February 19, 2026 (173,000 and 169,000 RSUs). The awards were reported as derivative acquisitions at a $0.00 purchase price — RSUs are contingent rights to receive shares, not immediate share issuances or cash purchases.

Key Details

• Transaction type: Award/Grant (code A); both reported on 2026-02-19 and filed 2026-02-20.
• Grants: 173,000 RSUs and 169,000 RSUs (total 342,000 RSUs); reported acquisition price $0.00.
• Vesting: One award vests in four equal annual installments starting Feb 19, 2027 (contingent on continued employment); the other award fully vests on Feb 19, 2027 (also contingent on continued employment).
• Each RSU represents a contingent right to one share of FEMY common stock.
• Shares owned following the grant are not specified in the provided Form 4.
• Filing timeliness: Filed the day after the grants (Feb 20, 2026); this is within the normal Form 4 reporting window.

Context These were award grants (not open-market purchases or sales). RSUs do not convey actual shares until they vest and are often used for retention or incentive pay; they do not by themselves indicate immediate buying or selling activity.