Kupriienko Serhii 4

What Happened

• Serhii Kupriienko, Chief Executive Officer (Global) and a reported 10% owner of Swarmer, was granted compensation on March 18, 2026: 1,341,840 restricted stock units (RSUs) and a derivative option award covering 400,000 shares. The Form 4 lists acquisition prices of $0.00 for both awards (i.e., these are grants/awards, not open‑market purchases or sales).

Key Details

• Transaction date: March 18, 2026; Form filed the same date (2026-03-18).
• RSUs: 1,341,840 units granted, acquisition price reported as $0.00.
• Option/derivative award: 400,000 shares (reported as a derivative grant), acquisition price reported as $0.00.
• Vesting: Both awards vest over four years with 1/48th vesting each monthly anniversary of the grant, subject to continued employment.
• Agreement: Grants made pursuant to his Employment Agreement (dated Sept. 22, 2025) as amended Feb. 18, 2026; the agreement was previously approved by the issuer’s board.
• Shares owned after the transaction: not specified in the filing.
• Filing timeliness: Filing date matches transaction date (no late filing indicated).

Context

• RSUs convert to shares as they vest; the option award grants rights to underlying shares that vest monthly over four years — neither award was exercised or sold in this filing. The $0.00 acquisition price reflects a grant; actual value depends on Swarmer’s market price when/if shares vest or options are exercised.
• This is a compensation grant to an executive (who is also a >10% owner), common in executive hiring/retention packages and not the same signal as an open‑market purchase or sale.