Joseph Zvi 4

What Happened

• Joseph Zvi, a director of Fabric.AI (FABC), was granted a derivative award of 45,042 shares (reported as stock options) on 2026-06-18. The Form 4 shows a transaction price of $0.00 and total reported value of $0 for the grant — this was an equity award, not a purchase or sale.

Key Details

• Transaction date: 2026-06-18 (filing date: 2026-06-18) — filing appears timely.
• Amount: 45,042 derivative shares (stock options); reported transaction price $0.00; total $0.
• Shares owned after transaction: not specified in the filing.
• Vesting (per footnote): 25% vested at grant; then 25% on 2026-06-30, 25% on 2026-09-30, and 25% on 2026-12-31, contingent on continued service.
• This was an award (code A) — not an exercise (M) or a sale (S).

Context

• These are compensation stock options that vest over time, designed to retain the director; 25% vested immediately, so a portion became exercisable at grant while the rest vests in tranches.
• Awards like this are common and do not by themselves signal buying or selling sentiment; no cash changed hands in this reported grant.