Leabman Michael Aaron 4

What Happened

• Michael Leabman, Movano's Chief Technology Officer and a director, was granted 11,174 restricted stock units (RSUs) on January 9, 2026. The RSUs were issued at $0.00 per share (no cash paid) as an award under the company's Omnibus Incentive Plan in lieu of salary for Jan 1–Mar 31, 2026.

Key Details

• Transaction date and type: 2026-01-09 — Grant/Award (code A) of 11,174 RSUs at $0.00.
• Report filed: Form 4 filed with the SEC on 2026-01-22 (appears later than the typical 2-business-day filing expectation).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The award substituted for salary for the period Jan 1, 2026 to Mar 31, 2026 under the Omnibus Incentive Plan.
• Tax/vesting: The filing does not detail vesting schedule or tax withholding for these RSUs.

Context

• RSU grants are compensation awards, not open-market purchases or sales; they typically vest over time and may be subject to forfeiture or withholding rules. Such awards do not by themselves indicate an insider buying or selling stock to express market views.