SANSONE PHILIP 4

What Happened

• Philip Sansone, CEO of Mobix Labs, Inc. (MOBX), disposed of 9,541 shares on April 30, 2026 in an open market/private sale. The weighted average price was $2.35 per share (range $2.32–$2.42), for a total value of approximately $22,463. This was a sale (not a purchase).

Key Details

• Transaction date: April 30, 2026; Form 4 filed: May 4, 2026 (timely).
• Price: weighted average $2.35; reported range $2.32 to $2.42 per share.
• Total proceeds: ≈ $22,463.
• Purpose: Sold solely to cover the Reporting Person’s tax withholding obligations arising from restricted stock units that vested on April 30, 2026 (irrevocable “sell-to-cover” election).
• Reverse split: A 1-for-10 reverse stock split effective April 6, 2026 reduced the Reporting Person’s direct holdings.
• Shares owned after transaction: not specified in the filing.
• Additional detail: The filer will provide SEC staff, the issuer or a security holder with a breakdown of shares sold at each price upon request.

Context

• Sell-to-cover transactions are routine tax-withholding actions tied to vesting equity (not discretionary investment decisions) and generally are less informative about insider sentiment than open-market purchases.