Garcha Jaisun 4

What Happened

• Nano Nuclear Energy CFO Jaisun Garcha exercised 75,000 stock options on Jan 28, 2026 (exercise price $1.50; cost $112,500) and sold 75,000 resulting shares in the open market the same day. The sales were executed in three blocks for total gross proceeds of $2,553,128 (weighted-average sale prices reported below). The disposal entries match the exercised shares, indicating an immediate sale of the exercised shares (a cashless-style exercise and sale).
• These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2025.

Key Details

• Transaction date: January 28, 2026; Form 4 filed January 30, 2026 (appears timely).
• Option exercise: 75,000 shares exercised at $1.50 per share — total exercise cost $112,500. (Options fully vested 2/10/2023; expiry 2/10/2026.)
• Market sales (all on Jan 28, 2026):
  • 39,845 shares at weighted-average $33.66 — proceeds $1,341,231 (trade prices ranged $33.14–$34.14).
  • 31,163 shares at weighted-average $34.38 — proceeds $1,071,253 (trade prices ranged $34.15–$34.93).
  • 3,992 shares at weighted-average $35.23 — proceeds $140,644 (trade prices ranged $35.21–$35.25).
  • Total gross sale proceeds: $2,553,128.
• Filing footnotes: F1 (exercise details), F2 (10b5-1 plan), F3–F5 (intra-day price ranges; full trade-level details available on request).
• Shares owned after transaction: Not specified in the provided filing data.

Context

• This was an exercise of vested options followed by an immediate sale of the underlying shares under a pre-established trading plan (10b5-1). That sequence is common for executives converting option value to cash and is generally considered routine rather than an ad hoc signal of sentiment.
• Approximate proceeds before taxes/fees: gross sales $2.553M minus exercise cost $112.5K ≈ $2.44M; actual net to the insider may be lower after taxes, fees, or any share-withholdings not detailed in the filing.