Connolly Brian D 4

What Happened Brian D. Connolly, a director of AWARE, reported an exercise/conversion of a derivative (Form 4 transaction code M) on 2026-07-01. The filing shows he acquired 22,500 shares at an exercise/conversion price of $0.00 (total cash paid reported as $0). The Form 4 was filed on 2026-07-02. No sale or disposition of the shares was reported in this filing.

Key Details

• Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (Accession 0001193125-26-294772).
• Transaction type/code: Exercise or conversion of derivative (M).
• Shares acquired: 22,500; Price per share: $0.00; Total cash paid reported: $0.
• Shares owned after transaction: Not specified in this filing.
• Notable footnotes or plans: None disclosed on the reported transaction line.
• Timeliness: Filing appears timely (filed the next day); not marked late.

Context An "M" code indicates exercise or conversion of a derivative right (for example, stock options or convertible awards) resulting in receipt of common shares. This filing does not show any immediate sale (cashless exercise) of the shares, so the insider appears to have acquired and retained the shares according to this report. As always, insider acquisitions are factual signals of ownership change but do not by themselves explain the insider’s motivation.