Nano Nuclear Energy Inc.·4

Jun 5, 5:31 PM ET

Garcha Jaisun 4

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Nano Nuclear (NNE) CFO Garcha Jaisun Sells Shares After Exercises

What Happened Garcha Jaisun, Chief Financial Officer of Nano Nuclear Energy Inc. (NNE), exercised stock options and had RSUs settle on June 3, 2026, and then sold shares in multiple open‑market trades the same day. Specifically, he exercised 20,000 options at $3.00/share (cost $60,000) and had 17,215 RSU shares vest/settle. He sold 37,215 shares in total in open‑market transactions at reported weighted‑average prices, generating aggregate proceeds of approximately $985,617. These actions are recorded as option exercises (M), RSU settlement (acquisition), and open‑market sales (S).

Key Details

  • Transaction date: June 3, 2026; Form 4 filed June 5, 2026 (timely filing).
  • Option exercise: 20,000 shares exercised at $3.00/share (footnote: options vested/expired June 7, 2026).
  • RSU settlement: 17,215 shares from RSUs (one‑third vested/settled per grant terms; footnote references $29.18 value at grant).
  • Open‑market sales (total sold = 37,215 shares) and reported proceeds by lot:
    • 20,000 shares at $26.08 — $521,660 (multiple trades; prices ranged $25.71–$26.43)
    • 15,223 shares at $26.84 — $408,646 (multiple trades; prices ranged $26.43–$27.40)
    • 1,761 shares at $27.59 — $48,593 (multiple trades; prices ranged $27.43–$27.94)
    • 174 shares at $28.81 — $5,013
    • 57 shares at $29.91 — $1,705
  • Some sales were effected pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person in September 2025 (per filing footnote).
  • The filing does not specify total shares owned by the reporting person after these transactions in the summary provided here — see the full Form 4 for post‑transaction holdings.

Context The sequence (option exercise and RSU settlement followed by same‑day open‑market sales) is commonly a cashless result of exercising/options/settlement plus selling shares to cover costs or diversify; filing notes show exercises and RSU settlement rather than a direct cash purchase. Several sales were executed in multiple trades at different prices (weighted averages reported). The filing appears timely (filed within two business days of the transaction). For exact post‑transaction ownership and the full footnote details, consult the complete Form 4 (accession 0001493152-26-027552).