Kumar Rakhi 4

What Happened

• Director Kumar Rakhi received awards from NeuroPace (NPCE) on 2026-06-05 totaling 8,258 shares: 2,890 shares issued (direct award) and 5,368 shares reported as a derivative (option-type award). Both were recorded at $0.00 per share, i.e., no cash paid.
• These are compensation awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-06-05. Transaction code: A (award/grant/acquisition). Price: $0.00 for both items.
• Share counts: 2,890 ordinary shares (award) + 5,368 derivative shares (option/award) = 8,258 total.
• Vesting: Both awards vest in 12 equal consecutive monthly installments, subject to continuous service through each vesting date (footnotes F1 & F2).
• Amount owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Filing date equals transaction date (2026-06-05); no late filing indicated in the provided information.

Context

• The 5,368 "derivative" shares are an option-type award that will become exercisable as they vest; this is not an immediate exercise or sale.
• Director awards are common forms of compensation and do not, by themselves, indicate insider buying or selling sentiment. They primarily reflect compensation and retention practices.