Evee Gary 4

What Happened
Evee Gary, a director of AWARE, exercised or converted a derivative on July 1, 2026 to acquire 23,529 shares of AWARE common stock. The reported exercise/conversion price is $0.00 and the Form 4 lists the acquisition value as $0. No sale of the acquired shares is shown on the filing.

Key Details

• Transaction date: 2026-07-01 (reported on Form 4 filed 2026-07-02)
• Transaction code: M (exercise or conversion of a derivative)
• Shares acquired: 23,529; reported exercise price: $0.00; reported cash amount: $0
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: Form 4 was filed the next day (appears timely); no 10b5-1 plan or tax-withholding entries shown in the excerpt

Context

• Code M indicates an option exercise or conversion of a derivative into underlying shares; the Form 4 here shows acquisition rather than a sale.
• Because no immediate sale or tax-withholding disposition is reported, this looks like an exercise/conversion that left the shares outstanding rather than a cashless sale.
• Exercises/conversions can reflect vesting or previously granted equity coming into stock form; the filing itself does not state a motive.