|4Feb 20, 5:37 PM ET

Lee-Sepsick Kathy 4

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Femasys (FEMY) CEO Kathy Lee‑Sepsick Receives RSU Award

What Happened
Kathy Lee‑Sepsick, CEO of Femasys, received two restricted stock unit (RSU) awards on February 19, 2026 totaling 729,000 RSUs (447,000 and 282,000). The Form 4 reports these as derivative awards at $0.00 per unit (no cash exchanged at grant). These are grants (transaction code A), not open‑market purchases or sales.

Key Details

  • Transaction date: 2026-02-19; Form 4 filed: 2026-02-20 (timely filing).
  • Award amounts: 447,000 RSUs and 282,000 RSUs; combined = 729,000 RSUs. Reported acquisition price: $0.00 (derivative award).
  • Shares owned after transaction: not specified on the provided filing.
  • Footnotes: F1 — each RSU represents a contingent right to one share of FEMY common stock. F2 — the 447,000 RSUs vest in four equal annual installments beginning Feb 19, 2027, subject to continued employment. F3 — the 282,000 RSUs fully vest on Feb 19, 2027, subject to continued employment.
  • Timeliness: filing appears timely (next‑day report), not marked late.

Context
RSUs are derivative awards that convert into actual shares only upon vesting; no shares were issued immediately and no cash was paid at grant. Because these are grants tied to continued employment, they reflect compensation/retention rather than an immediate market purchase or sale. As with all insider filings, this is a factual report of compensation and should not be taken alone as a buy/sell signal.