Berl Seth Jason 4

What Happened Berl Seth Jason, a director of Nano Nuclear Energy Inc. (NNE), had 7,500 Restricted Stock Units (RSUs) fully vest and settle on June 3, 2026, and then sold 3,750 of those shares in an open-market transaction on June 5, 2026 for total proceeds of $93,459 (weighted-average price $24.92). The RSUs were originally granted June 3, 2025 and valued at $29.18 per RSU based on the June 3, 2025 closing price (grant valuation ≈ $218,850). The RSU settlement is reported as a derivative conversion/exercise (Form 4 code M).

Key Details

• Vesting/settlement: 7,500 RSUs vested and were settled into 7,500 shares on June 3, 2026 (reported as derivative conversion).
• Sale: 3,750 shares sold on June 5, 2026 at a weighted-average price of $24.92 for proceeds of $93,459.
• Trade execution: Sale executed in multiple trades at prices ranging $24.80–$25.0850 (footnote F2); weighted-average reported above.
• RSU valuation: Grant dated June 3, 2025 valued at $29.18 per RSU (footnote F1).
• Shares owned after transaction: Not disclosed in the provided filing.
• Filing timeliness: Report filed June 5, 2026 for a June 3, 2026 report date — appears timely under Form 4 rules.
• Additional disclosure: The reporting person offers to provide full per-trade quantities and prices upon request (footnote F2).

Context The filing shows an RSU vest/settlement followed by a partial sale of the vested shares. For retail investors, vesting plus immediate or short‑term sales are commonly routine (e.g., tax withholding or partial monetization) and do not, by themselves, indicate insider confidence or lack thereof. The derivative entries reflect RSU settlement (no cash paid by the insider to receive the shares).