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AETHLON MEDICAL INC·4

Jul 1, 5:15 PM ET

BROENNIMAN EDWARD G 4

Research Summary

AI-generated summary

Updated

Aethlon Medical (AEMD) Director Edward Broenniman Forfeits 1,091 Shares

What Happened
Edward G. Broenniman, a director of Aethlon Medical, forfeited 1,091 shares of common stock on June 30, 2026 to satisfy tax withholding obligations related to the conversion of vested restricted stock units (RSUs). The forfeited shares were valued at $0.82 each, totaling about $895.

Key Details

  • Transaction date and type: 2026-06-30 — tax-withholding forfeiture (code F).
  • Shares forfeited: 1,091 shares at $0.82 per share; total value ≈ $895.
  • Related conversion: An aggregate 5,454 vested and outstanding RSUs were converted into shares; 1,091 of those were withheld/forfeited to cover taxes (footnote F1).
  • Grant reference: These RSUs were part of the award reported in the Form 4 filed April 17, 2026.
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Filing timeliness: Form filed July 1, 2026 for a 6/30/2026 transaction — appears timely.

Context
This was a routine tax-withholding action tied to RSU vesting (a common "cashless" approach where shares are surrendered to cover taxes). Such forfeitures are administrative and do not necessarily indicate any change in the insider’s view of the company.