Hagenbuch Lawrence F 4

What Happened Lawrence F. Hagenbuch, a director of Genasys Inc. (GNSS), was granted 48,498 restricted stock units (RSUs) on 2026-03-26. The grant is reported as an award (code A) with an acquisition price of $0.00 (no cash paid at grant). Each RSU represents the right to receive one share of common stock and will be settled only in shares when vested.

Key Details

• Transaction date: 2026-03-26 (Form 4 filed 2026-03-30).
• Grant: 48,498 RSUs; reported acquisition price $0.00; reported value at grant $0.
• Vesting: RSUs vest on the earlier of (i) the Company’s 2027 annual shareholder meeting or (ii) a change of control (see footnote F1).
• Settlement: Each RSU converts to one share and will be settled only in shares.
• Shares owned after transaction: not disclosed in the filing.
• Filing timeliness: transaction reported in a Form 4 filed four days after the grant date (filing does not state a late filing code).

Context This award is routine director compensation for a non-employee director and is an equity grant, not an open-market purchase or sale. RSUs do not represent immediate stock ownership until they vest and are settled; their ultimate value depends on Genasys’s share price at vesting or settlement. Such grants are common and do not, by themselves, indicate the director’s near-term trading intentions.