$ Value
$0
Shares
4,000,000
Price
$0
Filed
Sep 8
Insider
Name
Kandiah Gajakarnan Vibushanan
Title
Chief Executive Officer
CIK
0001684713
Roles
Transaction Details
Transaction Date
2025-09-04
Code
A
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
4,000,000
Footnotes
In accordance with Nasdaq Listing Rule 5635(c)(4), the RSUs and stock options were an inducement material to Mr. Kandiah's entering into employment with the Company. The awards were approved by a majority of the independent members of the Company's board of directors outside of the Company's shareholder-approved equity incentive plan. | Grant of restricted stock units ("RSUs") in a transaction exempt under Section 16b-3. The RSUs vest in equal annual installments (25%) on each of September 3, 2026, 2027, 2028 and 2029, generally subject to Mr. Kandiah's continued employment through the respective vesting dates. Each RSU represents the right to receive, at settlement, one share of common stock. | The stock options vest in equal annual installments (25%) on each of September 3, 2026, 2027, 2028 and 2029, generally subject to Mr. Kandiah's continued employment through the respective vesting dates.