Larsen Charles 4
4 · FEMASYS INC · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Femasys (FEMY) Director Charles Larsen Receives 34,122 Warrants
What Happened Charles Larsen, a director of Femasys, was credited with 34,122 derivative securities on March 19, 2026. The filing reports an award/acquisition of Series D-1 warrants (not common stock) issued as private-placement consideration under an Omnibus Amendment and Consent Agreement. The warrants have an initial exercise price of $0.58 per share (subject to adjustment); no cash value or sale proceeds were reported at grant.
Key Details
- Transaction date: March 19, 2026; Form 4 filed March 27, 2026 (filed late relative to the 2-business-day rule).
- Security: 34,122 Series D-1 warrants (derivative award), acquisition code A.
- Exercise price: $0.58 per share initially, subject to contractual adjustments (see F1).
- Exercise limits: Holder’s ability to exercise the warrants is subject to Nasdaq Capital Market limitations (see F2).
- Origin: Warrants were issued in a private placement as consideration under an Omnibus Amendment and Consent Agreement dated March 19, 2026 (see F3).
- Shares owned after transaction: not disclosed in the summary filing.
Context Warrants are derivative instruments that give the holder the right to buy common stock in the future at the exercise price; they are not the same as an immediate purchase of common shares. This entry reports issuance of warrants to a director rather than an open-market buy or sale of stock. The Form 4 was filed eight days after the transaction date, which is later than the usual 2-business-day reporting requirement and may be noted by regulators or investors tracking timeliness.
Insider Transaction Report
- Award
Series D-1 Warrants
[F1][F3][F2]2026-03-19+34,122→ 34,122 totalExercise: $0.58From: 2026-03-19Exp: 2036-03-19→ Common stock, par value $0.001 per share (34,122 underlying)
Footnotes (3)
- [F1]Holder may, at its option, exercise the Series D-1 Warrants, subject to the terms and conditions thereof, at an initial exercise price of $0.58 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Series D-1 Warrants and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.
- [F2]The Holder's ability to exercise the subject Warrant for shares of Common Stock is subject to certain limitations, in accordance with rules of the Nasdaq Capital Market.
- [F3]The reported securities were issued to the reporting person in a private placement as consideration in connection with that certain Omnibus Amendment and Consent Agreement, dated as of March 19, 2026 by and among the Company, the reporting person and the other parties thereto.