SCHIFFMAN GREGORY T 4
4 · Fabric.AI, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Fabric.AI (FABC) Director Gregory Schiffman Receives Award
What Happened
Gregory T. Schiffman, a director of Fabric.AI, received a grant of 45,042 derivative securities reported as an award on 2026-06-18. The filing reports a $0.00 acquisition price (no cash paid reported). The grant is a stock-option-style award that vests over time (see vesting schedule below).
Key Details
- Transaction date: 2026-06-18; reported same day (filed 2026-06-18).
- Amount: 45,042 derivative shares (reported as acquisition, $0.00 per share, total $0 reported).
- Vesting (per footnote): 25% vested at grant date; 25% on 2026-06-30; 25% on 2026-09-30; 25% on 2026-12-31 — vesting contingent on continued service.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Filed same day; no late filing indicated in the provided data.
- Transaction type: Award/Grant of derivative securities (code A on Form 4).
Context
This was a time-based equity award rather than an open-market purchase or sale. Vesting means the recipient gains the right to the underlying shares/options over time; exercise (if these are options) or conversion would be a separate action and is not shown here. Awards are common compensation for executives and board members and do not by themselves indicate immediate buying or selling of common shares.
Insider Transaction Report
- Award
Employee Stock Option (Right to Buy
[F1]2026-06-18+45,042→ 45,042 totalExercise: $3.70Exp: 2036-06-18→ Common Stock (45,042 underlying)
Footnotes (1)
- [F1]The stock options vest as follows: (i) 25% vested upon the date of grant; (ii) 25% will vest on June 30, 2026, (iii) 25% will vest on September 30, 2026, and (iv) 25% will vest on December 31, 2026, provided that the Reporting Person remains employed by or providing services to the Issuer on the applicable vesting date.