Fusemachines Inc.·4/A

Jul 2, 8:30 AM ET

Gocher Timothy Edward 4/A

Research Summary

AI-generated summary

Updated

Fusemachines (FUSE) Director Timothy Gocher Receives 19,740-Share Option Grant

What Happened

  • Timothy E. Gocher, a director of Fusemachines Inc. (FUSE), was granted a derivative award on October 22, 2025 representing options to purchase up to 19,740 shares of New Fusemachines common stock. The grant is reported as a derivative/award (Form 4 code A); no exercise price or cash value is provided in the filing. This is an amended filing (filed July 2, 2026) correcting previously reported beneficial ownership—not a new transaction.

Key Details

  • Transaction date: October 22, 2025 (reported via AMENDMENT filed July 2, 2026). The original Form 4 was filed January 8, 2026 and has been corrected by this amendment.
  • Transaction type: Award/grant of derivative securities (options) covering 19,740 shares (Form 4 code A). Price: N/A for the reported grant.
  • Shares/options after transaction: Represents options to purchase up to 19,740 shares (per footnote F4). The filing does not attribute Dolma Impact Fund’s 2,677,293 shares to Mr. Gocher (see note below).
  • Notable footnotes:
    • F1: The amendment corrects beneficial ownership—Dolma Impact Fund directly holds 2,677,293 shares and, per its policies, Mr. Gocher does not participate in matters relating to those shares, so they are not attributed to him.
    • F2/F3: References the prior business combination conversion ratio (0.6580) that adjusted legacy Old Fusemachines securities into New Fusemachines shares/options.
  • Timeliness: The original report (covering the Oct 22, 2025 transaction) was filed on January 8, 2026 and this corrected amendment was filed July 2, 2026—both dates are well after the typical two-business-day Form 4 reporting window.

Context

  • This filing reports a derivative award (options) rather than a buy or sell of shares—no immediate cash sale occurred. Such option grants give the holder the right to buy shares later at specified terms; the filing does not show exercise, sale, or cashless disposition.
  • The amendment primarily corrects beneficial ownership attribution (removing Dolma Impact Fund’s shares from Mr. Gocher’s ownership). That correction affects reported holdings but does not change the fact or size of the 19,740-share option grant.