Fabric.AI (FABC) CEO Joshua Silverman Receives Restricted Stock Award

What Happened

• Joshua Silverman, CEO of Fabric.AI (FABC), was granted a Stock Award of 358,565 restricted common shares (reported as an A = award) on June 18, 2026. The award was granted at $0.00 per share.
• To satisfy tax withholding related to vested shares, 44,820 shares were disposed on June 18 at $3.70 each ($165,834) and another 44,820 shares were disposed on June 30 at $3.69 each ($165,386), for a combined withholding/settlement value of about $331,220. Transaction code F indicates tax withholding/settlement.

Key Details

• Transaction dates & prices: 6/18/2026 — 44,820 shares @ $3.70 (disposed, $165,834); 6/30/2026 — 44,820 shares @ $3.69 (disposed, $165,386); Award granted 6/18/2026 — 358,565 shares @ $0.00.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: The award is restricted and vests in four equal tranches per the plan: 25% vested 6/18/2026, 25% vested 6/30/2026, 25% on 9/30/2026, and 25% on 12/31/2026 (see F1).
• Filing timeliness: The Form 4 was filed on 2026-08-14 for transactions occurring on 6/18 and 6/30 — this is later than the typical 2-business-day reporting window and appears to be a late filing.

Context

• This filing documents a grant of restricted stock and routine share withholding to cover taxes on vested tranches — not an open-market sale for cash needs. The disposals coded F are tax withholdings/settlements tied to the vesting events (25% vested 6/18 and 25% vested 6/30). Restricted awards and withholding are commonly administrative and do not by themselves signal a change in insider sentiment.