BROENNIMAN EDWARD G 4

What Happened
Edward G. Broenniman, a director of Aethlon Medical (AEMD), had 357 vested restricted stock units (RSUs) converted to common shares on 2026-03-31 and forfeited 89 of those shares to satisfy tax withholding obligations. The withheld shares were valued at $2.19 each, totaling approximately $195. This was a tax-withholding forfeiture (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-31; reporting (filed) date: 2026-04-01. No late filing flag indicated.
• Withheld/forfeited: 89 shares at $2.19 per share; total value ≈ $195.
• Underlying award: conversion of 357 vested RSUs (per footnote referencing a grant reported on Form 4 filed 2025-04-25).
• Shares owned after the transaction: not specified in the provided filing.
• Transaction code F = tax withholding (shares withheld to cover tax liability).

Context
This was a routine tax-withholding action tied to RSU vesting (a common administrative event), not a directional buy or sell intended to signal sentiment. For retail investors, forfeitures for tax withholding generally do not indicate insider confidence or concern about the company’s prospects.