MOVING iMAGE (MITQ) CFO Barton Bedard Receives 75,000-Share Option Grant

What Happened Barton Bedard, Chief Financial Officer of MOVING iMAGE TECHNOLOGIES INC. (MITQ), was granted 75,000 employee stock options on April 27, 2026. The Form 4 reports the acquisition as a derivative award with an acquisition price of $0.00 (this is an options grant, not an immediate purchase of shares). The grant was made under the issuer’s 2019 Incentive Stock Option Plan.

Key Details

• Transaction date: April 27, 2026; Form 4 filed September 23, 2026 (≈5 months later).
• Transaction type: Award/Grant (derivative) — 75,000 stock options recorded at $0.00.
• Vesting: 25% vested immediately (18,750 options); the footnote states the balance vests at 33% per year on each anniversary of the grant thereafter.
• Plan: Issued under the company’s 2019 Incentive Stock Option Plan.
• Shares owned after transaction: Not specified on the provided data.
• Timeliness: Filing appears late relative to the standard Form 4 deadline (filed ~5 months after the grant).

Context This was an option grant (a right to buy shares in the future), not an open‑market purchase or sale. Option grants are common as employee compensation and do not by themselves indicate that the insider bought or sold stock. Because 25% of the award vested immediately, Bedard can exercise at least part of the grant once any exercise price and other plan conditions are met; the remaining options vest over subsequent anniversaries per the stated schedule. The late filing reduces the timeliness of disclosure for investors monitoring insider activity.