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MOBIX LABS, INC·4

Jun 15, 9:35 PM ET

SAMINI KEYVAN 4

Research Summary

AI-generated summary

Updated

MOBIX LABS (MOBX) President Samini Keyvan Sells Shares

What Happened

  • Samini Keyvan, President, CFO and a director of MOBIX LABS, sold a total of 112,113 shares in open-market transactions. On 2026-06-11 he sold 3 shares at about $2.14 each (≈ $6). On 2026-06-12 he sold 112,110 shares at a weighted average price of $1.98 (≈ $222,056). Combined proceeds were approximately $222,062. These transactions are sales (code S), which are typically routine disposals rather than purchases that signal increased insider confidence.

Key Details

  • Transaction dates and prices:
    • 2026-06-11: 3 shares sold; weighted avg price reported $2.14; prices in that tranche ranged $2.13–$2.14 (Footnote F1).
    • 2026-06-12: 112,110 shares sold; weighted avg price reported $1.98; prices in that tranche ranged $1.9501–$2.1739 (Footnote F2).
  • Total shares sold: 112,113 for approximately $222,062 in proceeds.
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Filing/timeliness: Form 4 was filed on 2026-06-15 covering trades on 6/11–6/12. Form 4s are generally due within 2 business days of the transaction; this filing was submitted several days after the trades (check the full filing for any explanation).
  • Notable disclosures:
    • Footnote F3 notes the reporting person is a trustee of a trust and disclaims beneficial ownership except to the extent of pecuniary interest.
    • The filing notes a 1-for-10 reverse stock split effective April 6, 2026; reported share amounts and option exercise prices have been adjusted accordingly (Remarks).
    • Footnotes F4 and F5 in the filing describe option vesting and conversion rights for certain share classes (see full filing for details).

Context

  • Sales by executives can be for many reasons (liquidity, diversification, tax, etc.) and do not necessarily indicate a change in insider view on the company. These were outright sales (not option exercises or gifts).
  • If you want the exact breakdown of how many shares traded at each individual price within the ranges, the filer indicates they will provide that detail to the SEC or issuer upon request (per footnotes).