Fischer Frank M 4

What Happened
Frank M. Fischer, a NeuroPace (NPCE) director, was issued 1,467 shares (transaction code A — award/grant) on June 19, 2026 at an effective price of $15.63 per share, for a total value of $22,929. This was a compensation issuance (shares received), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-19; reported on Form 4 filed 2026-06-22 (appears to be filed within the standard two-business-day window).
• Price per share: $15.63; total value: $22,929.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: Shares were issued under the issuer’s non-employee director compensation policy in lieu of quarterly retainer fees (routine director compensation).

Context
This was a routine director compensation award rather than a market purchase or sale, so it mainly reflects company pay practices rather than a direct trading signal about insider sentiment. Awards to non-employee directors are common and often used in lieu of cash retainers.