Majumder I. Bobby 4
Research Summary
AI-generated summary
Fatpipe (FATN) Director Majumder Receives 1,000-Share Award
What Happened
- I. Bobby Majumder, a director of Fatpipe Inc/UT (FATN), received a grant/award of 1,000 shares on 2026-06-18. The Form 4 reports code "A" (award/grant) with an acquisition price of $0.00 per share (reported acquisition value $0). This was a compensation-type award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-18
- Transaction type: Award/Grant (Form 4 code "A")
- Shares acquired: 1,000
- Price reported: $0.00 per share (acquisition value reported as $0)
- Shares owned after transaction: Not specified in the provided filing summary
- Footnotes/plan: Filing summary includes no noted 10b5-1 plan, tax withholding, or special footnotes
- Filing timeliness: Form filed 2026-06-18 (same day as transaction), indicating a timely report
Context
- This was a non-cash equity award (commonly restricted stock or RSUs) as part of director compensation; such grants are routine and do not by themselves indicate a buy/sell signal. Vesting terms or restrictions (if any) are not detailed here—consult the full Form 4 or company disclosures for grant terms.