Fabric.AI (FABC) Director Walker Remell Receives Award

What Happened

• Walker Wayne Remell, a director of Fabric.AI, was granted an award of 45,042 derivative shares (reported as acquired at $0.00) on June 18, 2026. The filing classifies this as an award/grant (derivative securities), not a cash purchase or sale.

Key Details

• Transaction date and filing date: 2026-06-18 (filed same day).
• Award: 45,042 derivative shares; reported acquisition price $0.00 (total reported cost $0).
• Vesting (footnote): 25% vested upon grant; 25% vest on June 30, 2026; 25% on September 30, 2026; 25% on December 31, 2026, contingent on continued service.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Reported on the same date as the grant (no late filing indicated).

Context

• This was an equity award (derivative securities) rather than an open-market purchase or sale. The award will convert to vested shares according to the schedule above; 25% was effective immediately per the footnote. Because the reported acquisition price is $0.00, the filing shows no cash outlay — market value depends on Fabric.AI’s current share price and is not stated in the filing.