Femasys (FEMY) COO John Canning Buys 4,375 Shares

What Happened

• John Charles Canning, Chief Operating Officer of Femasys Inc. (FEMY), purchased 4,375 common shares in an open-market/private placement on August 7, 2026 at $3.20 per share for a total cash outlay of $14,000. On the same date he also acquired two derivative awards (reported as grants) tied to 4,375 shares each (these are warrants/other derivative securities, not immediate common-stock issuances).

Key Details

• Transaction date: August 7, 2026; Form 4 filed August 11, 2026 (filed on the second business day — appears timely).
• Open-market/private purchase: 4,375 shares at $3.20, aggregate $14,000 (Footnotes F1, F4).
• Two derivative awards reported (each for 4,375 share-equivalents) — described as warrants/derivative securities (no immediate per-share cash price reported).
• Common Warrant terms: exercisable at $2.95 per share (subject to adjustment and Nasdaq limitations) (F2, F3).
• Milestone Warrant: exercisable only after a Milestone Date (first date on/after Aug 10, 2027 when specified U.S. revenue and price conditions are met); expiration and exact timing undeterminable as of this filing (F5).
• Shares owned after the transaction: not specified in this filing.

Context

• The cash purchase of common shares is a straightforward buy (often regarded as a more informative signal than routine sales), while the two awards are derivative warrants that may only convert into common shares if/when exercised and conditions are met. The milestone-based warrant has additional revenue and stock-price triggers and cannot be exercised until those conditions occur (no immediate sale or cashless exercise is reported).