Rank One Computing (ROC) 10% Owner Joshua Klontz Receives Award

What Happened

• Joshua Charles Klontz, reported as a 10% owner of Rank One Computing Corp (ROC), was granted a derivative award of 26,745 shares on September 1, 2026. The transaction is coded as an award/grant (A) and shows an acquisition price of $0.00, so there was no cash paid at grant. This is an award/option-type grant—not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-16 (filed after the transaction date — late relative to the typical 2-business-day Form 4 deadline).
• Shares granted: 26,745 derivative shares; reported price: $0.00 (no immediate cash value reported).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Vesting: Per footnote — 3/20ths of the shares vest on December 1, 2026; the remaining shares vest in 17 equal installments on each three-month anniversary thereafter.
• No 10b5-1 trading plan, tax-withholding sale, or immediate cashless sale of shares is disclosed in the provided information.

Context

• This was a grant of derivative securities (an award/option) rather than a market purchase or sale—meaning Klontz did not acquire free-trading shares immediately. Awards are often for compensation or retention and should not be interpreted the same as an open-market purchase as a direct bullish signal.
• As a 10% owner, Klontz is a significant shareholder; such grants may affect his eventual ownership but do not by themselves indicate intent to buy or sell on the open market.