FEMASYS (FEMY) Director Kenneth D. Eichenbaum Receives 880-Share Award

What Happened

• Kenneth D. Eichenbaum, a director of Femasys Inc. (FEMY), was granted a derivative award on 2026-06-24 representing 880 shares. The grant shows an acquisition price of $0.00 (no cash paid at grant) and is recorded as a derivative security (stock option). The filing lists no immediate cash value and no immediate sale of shares.

Key Details

• Transaction date: 2026-06-24; Form 4 filed: 2026-08-11 (late filing).
• Security type: Derivative (stock option) for 880 shares, acquisition price $0.00.
• Vesting: Shares underlying the stock option vest one year from the grant date, contingent on continued service (footnote F1).
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: Late filing (filed ~48 days after the reported transaction); late Form 4s can delay public disclosure of insider activity.

Context

• This was an award of a stock option (derivative) rather than a purchase or sale — no shares were sold and no shares are yet vested or transferable until vesting conditions are met.
• Awards to directors are commonly part of compensation packages; they do not, by themselves, indicate immediate buying or selling activity by the insider.