IRIX

SEC source: 0002097627-26-000014 · form4-10132026_081001.xml · nonDerivative · entry 1

Novel Inspiration International Co., Ltd. · CIK 0002097627 · 10% owner

Lin Shih-Yao David · CIK 0002098041 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 697,742

F1 · security: This Form 4 is filed jointly by Novel Inspiration International Co., Ltd. ("Novel Inspiration") and Shih-Yao David Lin. Mr. Lin is the sole officer, director and stockholder of Novel Inspiration.

F2 · kind: The shares were issued as a quarterly interest payment on the Convertible Promissory Note issued March 19, 2025 by the Issuer to Novel Inspiration.

F2 · price: The shares were issued as a quarterly interest payment on the Convertible Promissory Note issued March 19, 2025 by the Issuer to Novel Inspiration.

F3 · ownership.direct: The shares are owned directly by Novel Inspiration.

SEC source: 0001193125-26-413952 · ownership.xml · nonDerivative · entry 1

Mercer Patrick · CIK 0001786824 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 444,867

SEC source: 0001193125-26-393119 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 185,306

SEC source: 0001193125-26-390061 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 177,406

SEC source: 0001193125-26-387539 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 175,052

SEC source: 0001193125-26-362654 · ownership.xml · nonDerivative · entry 2

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 169,952

SEC source: 0001193125-26-362654 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 164,584

SEC source: 0001193125-26-303280 · ownership.xml · derivative · entry 2

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 170,000

Underlying: Common Stock · 170,000 shares

Expires 2033-07-10

F2 · derivative.exercise_date: The option vests as to one-third of the Shares on July 10, 2027 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.

SEC source: 0001193125-26-303280 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 163,284

F1 · shares: Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest as to one-third of the shares on July 10, 2027 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.

SEC source: 0001193125-26-303346 · ownership.xml · derivative · entry 3

Mercer Patrick · CIK 0001786824 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 100,000

Underlying: Common Stock · 100,000 shares

Expires 2029-07-10

F3 · derivative.exercise_price: Each performance restricted stock unit (PSU) represents a contingent right to receive one share of the Issuer's Common Stock.

F4 · derivative.exercise_date: 100% of the PSUs vest if the Issuer's per share stock price reaches or exceeds $2.50 for 30 consecutive trading days based on a 30-day VWAP (volume weighted adjusted average).

SEC source: 0001193125-26-303346 · ownership.xml · derivative · entry 2

Mercer Patrick · CIK 0001786824 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 200,000

Underlying: Common Stock · 200,000 shares

Expires 2033-07-10

F2 · derivative.exercise_date: The option vests as to one-third of the Shares on July 10, 2027 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.

SEC source: 0001193125-26-303346 · ownership.xml · nonDerivative · entry 1

Mercer Patrick · CIK 0001786824 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 468,784

F1 · shares: Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest as to one-third of the shares on July 10, 2027 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.

SEC source: 0002064835-26-000071 · ownership.xml · nonDerivative · entry 1

Novel Inspiration International Co., Ltd. · CIK 0002097627 · 10% owner

Lin Shih-Yao David · CIK 0002098041 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 551,429

F1 · security: This Form 4 is filed jointly by Novel Inspiration International Co., Ltd. ("Novel Inspiration") and Shih-Yao David Lin. Mr. Lin is the sole officer, director and stockholder of Novel Inspiration.

F2 · kind: The shares were issued as a quarterly interest payment on the Convertible Promissory Note issued March 19, 2025 by the Issuer to Novel Inspiration.

F2 · price: The shares were issued as a quarterly interest payment on the Convertible Promissory Note issued March 19, 2025 by the Issuer to Novel Inspiration.

F3 · ownership.direct: The shares are beneficially owned directly by Novel Inspiration and indirectly by Mr. Lin.

SEC source: 0001193125-26-273105 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 133,284

SEC source: 0001193125-26-273096 · ownership.xml · nonDerivative · entry 1

Mercer Patrick · CIK 0001786824 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 368,784

SEC source: 0001193125-26-270572 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 135,975

SEC source: 0001193125-26-269140 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 135,000

SEC source: 0001193125-26-263083 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 133,325

SEC source: 0001193125-26-260846 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 130,925

SEC source: 0001193125-26-255089 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 128,404

SEC source: 0001193125-26-239768 · ownership.xml · nonDerivative · entry 1

Mercer Patrick · CIK 0001786824 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 372,774

SEC source: 0001193125-26-238277 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 126,004

SEC source: 0002097627-26-000013 · form4-04032026_050425.xml · nonDerivative · entry 1

Novel Inspiration International Co., Ltd. · CIK 0002097627 · 10% owner

Lin Shih-Yao David · CIK 0002098041 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 439,432

F1 · security: This Form 4 is filed jointly by Novel Inspiration International Co., Ltd. ("Novel Inspiration") and Shih-Yao David Lin. Mr. Lin is the sole officer, director and stockholder of Novel Inspiration.

F2 · kind: The shares were issued as a quarterly interest payment on the Convertible Promissory Note issued March 19, 2025 by the Issuer to Novel Inspiration.

F2 · price: The shares were issued as a quarterly interest payment on the Convertible Promissory Note issued March 19, 2025 by the Issuer to Novel Inspiration.

F3 · ownership.direct: The shares are owned directly by Novel Inspiration.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 30

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,186,809

F3 · balance_after: The amount reported in Column 5 reflects the shares held through Xinpo following the reported transaction. As of the date of this report, the Reporting Person beneficially owns an aggregate of 1,738,238 shares of Common Stock, consisting of 1,186,809 shares held through Xinpo and 551,429 shares held through Novel Inspiration International Co., Ltd.("Novel Inspiration"). The Reporting Person is the sole officer, director and stockholder of Novel Inspiration.

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 29

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,179,438

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 28

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,174,889

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 27

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,157,363

F2 · price: Each price marked with this footnote is a weighted average price for multiple open-market purchases on the stated date. The execution prices were as follows: 01/23/2026: $1.47 to $1.48, inclusive; 01/27/2026: $1.46 to $1.49, inclusive; 02/05/2026: $1.43 to $1.45, inclusive; 03/17/2026: $1.3099 to $1.31, inclusive. The Reporting Person undertakes to provide IRIDEX CORP, any security holder of IRIDEX CORP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth above.

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 26

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,134,558

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 25

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,132,876

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001193125-26-098098 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 121,000

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 24

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,131,909

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 23

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,131,157

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 22

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,129,733

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001193125-26-054026 · ownership.xml · nonDerivative · entry 2

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 119,890

SEC source: 0001193125-26-054026 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 118,690

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 21

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,114,790

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001193125-26-047894 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 117,690

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 20

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,114,690

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001193125-26-044507 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 116,190

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 19

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,098,987

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 18

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,098,858

F2 · price: Each price marked with this footnote is a weighted average price for multiple open-market purchases on the stated date. The execution prices were as follows: 01/23/2026: $1.47 to $1.48, inclusive; 01/27/2026: $1.46 to $1.49, inclusive; 02/05/2026: $1.43 to $1.45, inclusive; 03/17/2026: $1.3099 to $1.31, inclusive. The Reporting Person undertakes to provide IRIDEX CORP, any security holder of IRIDEX CORP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth above.

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 17

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,058,323

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001193125-26-036078 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 115,190

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 16

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,038,999

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 15

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,038,362

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001193125-26-029281 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 112,690

SEC source: 0001193125-26-026809 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 111,589

SEC source: 0001062993-26-005214 · form4.xml · nonDerivative · entry 14

Lin Shih-Yao David · CIK 0002098041 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Xinpo

Disclosed balance after: 1,034,312

F2 · price: Each price marked with this footnote is a weighted average price for multiple open-market purchases on the stated date. The execution prices were as follows: 01/23/2026: $1.47 to $1.48, inclusive; 01/27/2026: $1.46 to $1.49, inclusive; 02/05/2026: $1.43 to $1.45, inclusive; 03/17/2026: $1.3099 to $1.31, inclusive. The Reporting Person undertakes to provide IRIDEX CORP, any security holder of IRIDEX CORP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth above.

F1 · ownership.nature: The shares are held directly by Xinpo Venture Capital Co., Ltd. ("Xinpo") and indirectly by the Reporting Person. The Reporting Person controls the entire ownership interest in Xinpo, both directly and through family members, and has a pecuniary interest in the shares held by Xinpo.

SEC source: 0001193125-26-023871 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 110,289

SEC source: 0001193125-26-021873 · ownership.xml · nonDerivative · entry 1

Dizon Romeo R · CIK 0001658282 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 106,904