Eichenbaum Kenneth D. 4
Research Summary
AI-generated summary
Femasys (FEMY) Director Kenneth Eichenbaum Receives 35,200-Share Option Award
What Happened
- Kenneth D. Eichenbaum, a director of Femasys, was granted a derivative award on March 18, 2026 covering 35,200 shares. The grant is reported at $0.00 per share in the Form 4, indicating a stock option/award rather than an open‑market purchase or sale. No cash was paid and this was not an exercise or sale.
Key Details
- Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (appears timely under the two-business-day reporting rule).
- Transaction type/code: A — Grant/Award (derivative security).
- Shares/units granted: 35,200 (reported at $0.00 per share).
- Shares owned after the transaction: not disclosed in the filing.
- Footnote: The shares underlying the option will vest in annual one‑third increments over a three‑year period beginning March 18, 2027, subject to continued service.
- Exhibit/remark: Exhibit 24 — Power of Attorney included.
Context
- This filing reports a compensation-related award (an option/derivative grant) rather than a market buy or sale — it gives the insider a right to acquire shares in the future if vesting conditions are met. The grant does not represent immediate proceeds or a disposition and is common for director compensation.
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