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Item 5. Other Information

1K characters. Original on sec.gov ·

Item 5. Other Information

Securities Trading Plans of Directors and Executive Officers

The following officer, as defined in Rule 16a-1(f) of the Exchange Act, adopted a "Rule 10b5-1 trading arrangement," as defined in Item 408 of Regulation S-K as follows:

On May 15, 2026, Steve Sanghi, our CEO and President, adopted a new Rule 10b5-1 trading arrangement providing for the sale (from an account in the name of Sanghi Family Limited Partnership Steve and Maria Sanghi) of an aggregate of up to 950,236 shares of our common stock acquired by Mr. Sanghi pursuant to exercised options. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c) and to comply with our policies regarding such plans. The first shares may be sold as early as on August 21, 2026, as permitted under the trading arrangement, and subsequent sales under the plan may occur for the duration of the trading arrangement until August 20, 2028.

No other officers or directors, as defined in Rule 16a-1(f), adopted or terminated a "Rule 10b5-1 trading arrangement" or a "non-Rule 10b5-1 trading arrangement," as defined in Item 408 of Regulation S-K, during the fiscal quarter ended June 30, 2026.

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