Nano Nuclear Energy Inc.·4

Jun 5, 5:31 PM ET

Heidet Florent 4

Research Summary

AI-generated summary

Updated

Nano Nuclear (NNE) CTO Heidet Florent Sells 3,000 Shares, Receives 9,185

What Happened
Heidet Florent, Chief Technology Officer of Nano Nuclear Energy Inc. (NNE), sold 3,000 shares in an open-market transaction on June 5, 2026 for proceeds of $74,858 (weighted-average price $24.95). On June 3, 2026, 9,185 Restricted Stock Units (RSUs) vested and were settled, resulting in the acquisition of 9,185 shares at no cash cost; those RSUs were originally granted June 3, 2025 and were valued at $29.18 per RSU (≈ $268,018) based on the June 3, 2025 Nasdaq close.

Key Details

  • Dates: RSU vest/settlement on June 3, 2026; sale executed June 5, 2026.
  • Sale price: Weighted-average $24.95; trade prices ranged $24.85–$25.085 (multiple trades).
  • Sale proceeds: $74,858 (3,000 shares).
  • RSU acquisition: 9,185 shares reported as exercise/conversion of derivative (code M) with $0.00 exercise price; value per RSU reported at $29.18 (footnote).
  • Shares owned after transaction: Not disclosed in this Form 4.
  • Footnotes: F1 explains RSU grant/vesting and valuation; F2 notes the sale occurred in multiple trades and full trade-level details are available on request.
  • Timeliness: Form filed June 5, 2026; appears timely relative to the reported transaction dates.

Context
The June 3 entry reflects RSUs vesting/settling (receiving shares without a cash exercise). A portion of shares (3,000) were sold in the open market shortly after. RSU vesting is a common compensation event and subsequent sales can be routine liquidity management; the filing shows the mechanics but does not state the insider’s motives. Transaction codes: M = exercise/conversion of a derivative (RSU settlement); S = sale.