FRIES ROBERT H 4

What Happened
Robert H. Fries, CEO and a director of Encision Inc. (ticker: ECIA), made two open-market purchases in mid‑April 2026. On April 15 he acquired 155,535 shares at $0.14 per share for $21,775, and on April 16 he acquired 11,250 shares at $0.20 per share for $2,250 — a combined 166,785 shares costing $24,025. These were purchases (transaction code P), which are generally viewed as a direct acquisition of stock rather than a sale or option exercise.

Key Details

• Transaction dates and prices:
  • 2026-04-15: 155,535 shares @ $0.14 = $21,775
  • 2026-04-16: 11,250 shares @ $0.20 = $2,250
• Total shares acquired: 166,785; total cash value: $24,025.
• Transaction type: Open-market purchases (code P).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes/notable plan references: None disclosed in the provided data.
• Filing timeliness: The Form 4 was filed on 2026-05-18, roughly 32–33 days after the transactions; this is a late filing relative to the usual Form 4 reporting window and is noted in the filing.

Context
These purchases are straightforward open-market buys by a company insider. Purchases by executives can be interpreted by some investors as a positive signal (insider adding to holdings), but filings alone do not reveal the insider’s motives. The late filing does not change the fact of the purchases but means the market and investors were informed after a delay.