4Filed Sep 15, 8:00 PM ET

Rank One Computing 10% Owner Brendan Klare Receives Award

$ROC · Rank One Computing Corp

Research Summary

AI-generated summary of this SEC filing

Updated

Rank One Computing 10% Owner Brendan Klare Receives Award

What Happened

  • Brendan Francis Klare, a reported 10% owner of Rank One Computing Corp (ROC), was granted a derivative award of 26,745 shares on 2026-09-01 at a reported price of $0.00. This filing records an acquisition/award (Form 4 code A) rather than an open-market purchase or sale; no cash changed hands at grant.

Key Details

  • Transaction date: 2026-09-01; Form 4 filed: 2026-09-16 (file appears late relative to the usual 2-business-day Form 4 requirement).
  • Security: derivative award (26,745 shares) reported at $0.00 per share; total reported value = $0.
  • Shares owned after transaction: not specified in the provided data.
  • Footnote (vesting): 3/20ths of the shares vest on December 1, 2026; the remainder vests in 17 equal installments on each three-month anniversary thereafter.
  • Filing timeliness: filing date is 15 days after the transaction date, which suggests a late report (may merit investor attention but does not alter the nature of the award).

Context

  • This was an award/grant to a significant (10%) shareholder, not an open-market buy or sale. Awards like this typically vest over time per the stated schedule and do not imply an immediate purchase or sale. For retail investors, note the vesting timeline when assessing potential future selling pressure or insider stake changes.