Garcha Jaisun 4

What Happened
Garcha Jaisun, Chief Financial Officer of Nano Nuclear Energy Inc. (NNE), exercised a total of 95,000 stock options on February 2, 2026. He acquired 75,000 shares at $1.50 per share (cost $112,500) and 20,000 shares at $3.00 per share (cost $60,000), for a combined cash outlay of $172,500. The filing also shows the corresponding derivative securities (the options) were recorded as disposed at $0 because they ceased to exist upon exercise.

Key Details

• Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (filed within the typical two-business-day window).
• Exercises: 75,000 shares @ $1.50 (F1) and 20,000 shares @ $3.00 (F2). Total paid = $112,500 + $60,000 = $172,500.
• Derivative disposal entries: 75,000 and 20,000 options shown as disposed at $0 (these represent the options converted into common shares).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 — options originally granted exercisable Feb 10, 2023, expired Feb 10, 2026; F2 — options originally granted exercisable June 7, 2023, expire June 7, 2026. Both sets were fully vested and were exercised on Feb 2, 2026.

Context
This was an option exercise (transaction code M) where the insider paid cash to convert vested options into common shares. There is no record in the filing of an immediate sale of the newly acquired shares (i.e., not a cashless exercise reported here). Exercises are routine for vested options and do not by themselves indicate a buy/sell market view.