Rank One Computing GC Ray Simpson Receives Option Award

What Happened
Ray David Simpson, General Counsel of Rank One Computing Corp (ROC), was granted a derivative award of 17,830 shares on 2026-09-01. The filing reports the grant as a derivative (option) with an acquisition price of $0.00 — this is an equity award, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-16 (filed 15 days after the transaction date). This appears later than the typical 2-business‑day Form 4 reporting window.
• Security: derivative option grant covering 17,830 shares; reported price $0.00 (award/grant).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote (vesting): 3/20ths of the shares vest on December 1, 2026; the remaining 17/20ths vest in 17 equal installments every three months thereafter (quarterly vesting).
• No indication in this filing that options were exercised or shares were sold; this is a grant of rights to acquire shares over time.

Context
This transaction is an equity award (option grant) to an officer. Such grants are typically part of compensation and vest over time; they do not represent an immediate cash purchase or sale. Because the Form 4 was filed 15 days after the grant date, investors may want to note the late filing but should not infer motivations from the grant alone.