Johnstone Brent P 4

What Happened
Brent P. Johnstone, a director of AWARE, Inc. (AWRE), reported an exercise/conversion of a derivative (transaction code M) on July 1, 2026, resulting in the acquisition of 22,059 common shares at a reported price of $0.00 per share (total reported value $0). The Form 4 shows an acquisition of shares rather than a sale.

Key Details

• Transaction date: 2026-07-01; Filing date (Form 4): 2026-07-02 (timely filing).
• Transaction type/code: M = Exercise or conversion of derivative.
• Shares acquired: 22,059; Price per share: $0.00; Reported total value: $0.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• No 10b5-1 plan, tax withholding, or sale reported in the information provided; no footnotes indicated.

Context
Transaction code M means a derivative (for example, options or similar rights) was converted into common stock. The $0.00 price on the Form 4 indicates no cash consideration was reported on this filing; that can reflect a zero-strike award, certain forms of conversion, or reporting conventions, but the filing does not specify the exact instrument or mechanics. The Form 4 does not show any immediate sale of the acquired shares.