STAFFORD JOHN S III 4

What Happened

• John S. Stafford III, a director of AWARE Inc. (AWRE), exercised or converted a derivative (transaction code M) on 2026-07-01 to acquire 19,559 shares. The reported acquisition price is $0.00, so the filing shows an aggregate cash amount of $0 for this transaction. This was an acquisition (exercise/conversion) rather than a sale.

Key Details

• Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (filed within the normal reporting window; not flagged as late).
• Transaction type/code: Exercise or conversion of derivative (M).
• Shares acquired: 19,559 at $0.00; aggregate cash reported = $0.
• Shares owned after transaction: Not specified in the provided summary—see the full Form 4 for post-transaction holdings.
• Footnotes/plan info: None shown in the summary provided.
• No sale or tax-withholding reported in this extract.

Context

• Code M indicates an exercise or conversion of a derivative instrument (for example, exercising options or converting another convertible award) that resulted in acquiring shares. The filing does not show an immediate sale (cashless exercise) or withholding—investors should check the full Form 4 for details on whether any shares were later sold or withheld for taxes. As always, this is a factual report of an insider acquisition; it does not by itself explain the insider’s motivation.