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Lee-Sepsick Kathy

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24530
SEC CIK
0001857109

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CompanyLast reported asReport datePublished
FEMASYS INCFEMY · Entity 7510Director · Chief Executive OfficerAugust 07, 2026August 12, 2026

Disclosed balances

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Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

FEMASYS INC

Report date August 07, 2026 · Filed August 12, 2026

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect15,625 Reported balance After 2026-08-07 transaction · row 1
1 source row

Row 1 · 2026-08-07 · Purchase · Acquired 15,625 · Balance 15,625

F1: The purchase price paid by the reporting person for the Shares was $3.20 per share pursuant to the Securities Purchase Agreement, dated as of August 7, 2026, by and among Femasys Inc. and the purchasers party thereto.

Common Stock Purchase WarrantSEC Table II · derivative / convertible security · Conversion / exercise price $2.95 · Expires 2029-08-10Direct15,625 Reported balance After 2026-08-07 transaction · row 2 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 2 · 2026-08-07 · Grant · Acquired 15,625 · Balance 15,625

F2: Holder may, at its option, exercise the Common Warrant, subject to the terms and conditions thereof, at an exercise price of $2.95 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Common Warrant and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.

F4: The reported securities were purchased by the reporting person for an aggregate amount of $50,000.

F3: 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.

Common Stock Purchase Warrant (Milestone)SEC Table II · derivative / convertible security · Conversion / exercise price $2.95Direct15,625 Reported balance After 2026-08-07 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2026-08-07 · Grant · Acquired 15,625 · Balance 15,625

F2: Holder may, at its option, exercise the Common Warrant, subject to the terms and conditions thereof, at an exercise price of $2.95 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Common Warrant and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.

F4: The reported securities were purchased by the reporting person for an aggregate amount of $50,000.

F5: The Common Warrant (Milestone) is exercisable only from and after the Milestone Date, being the first date on or after August 10, 2027 on which both (i) the Company has achieved U.S. revenue of $1,500,000 for any fiscal quarter, as reported in a Form 10-Q or Form 10-K, and (ii) the volume-weighted average price of the Common Stock has satisfied certain price conditions specified in the warrant. The warrant expires on the earlier of (i) three years after the effective date of a registration statement registering the resale of the Warrant Shares and (ii) 45 days after the Company delivers notice that the Milestone Date has occurred. As of the date of this report, neither the Milestone Date nor the expiration date is determinable.

F3: 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.

Filing footnotes · ownership attribution and instrument terms

F1: The purchase price paid by the reporting person for the Shares was $3.20 per share pursuant to the Securities Purchase Agreement, dated as of August 7, 2026, by and among Femasys Inc. and the purchasers party thereto.

F2: Holder may, at its option, exercise the Common Warrant, subject to the terms and conditions thereof, at an exercise price of $2.95 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Common Warrant and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.

F3: 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.

F4: The reported securities were purchased by the reporting person for an aggregate amount of $50,000.

F5: The Common Warrant (Milestone) is exercisable only from and after the Milestone Date, being the first date on or after August 10, 2027 on which both (i) the Company has achieved U.S. revenue of $1,500,000 for any fiscal quarter, as reported in a Form 10-Q or Form 10-K, and (ii) the volume-weighted average price of the Common Stock has satisfied certain price conditions specified in the warrant. The warrant expires on the earlier of (i) three years after the effective date of a registration statement registering the resale of the Warrant Shares and (ii) 45 days after the Company delivers notice that the Milestone Date has occurred. As of the date of this report, neither the Milestone Date nor the expiration date is determinable.

Transaction history

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

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Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
August 07, 2026 Filed Aug 12, 2026 00:30 UTC FEMASYS INC FEMY · Entity 7510 GrantCommon Stock Purchase Warrant (Milestone) · Derivative 15,625 Not disclosed Strike: $2.95 Not disclosed
Disclosure

SEC source: 0001140361-26-032314 · form4.xml · derivative · entry 3

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,625

Underlying: Common stock, par value $0.001 per share · 15,625 shares

Expires not disclosed

F2 · derivative.exercise_price: Holder may, at its option, exercise the Common Warrant, subject to the terms and conditions thereof, at an exercise price of $2.95 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Common Warrant and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.

F4 · price: The reported securities were purchased by the reporting person for an aggregate amount of $50,000.

F5 · derivative.exercise_date: The Common Warrant (Milestone) is exercisable only from and after the Milestone Date, being the first date on or after August 10, 2027 on which both (i) the Company has achieved U.S. revenue of $1,500,000 for any fiscal quarter, as reported in a Form 10-Q or Form 10-K, and (ii) the volume-weighted average price of the Common Stock has satisfied certain price conditions specified in the warrant. The warrant expires on the earlier of (i) three years after the effective date of a registration statement registering the resale of the Warrant Shares and (ii) 45 days after the Company delivers notice that the Milestone Date has occurred. As of the date of this report, neither the Milestone Date nor the expiration date is determinable.

F5 · derivative.expiration_date: The Common Warrant (Milestone) is exercisable only from and after the Milestone Date, being the first date on or after August 10, 2027 on which both (i) the Company has achieved U.S. revenue of $1,500,000 for any fiscal quarter, as reported in a Form 10-Q or Form 10-K, and (ii) the volume-weighted average price of the Common Stock has satisfied certain price conditions specified in the warrant. The warrant expires on the earlier of (i) three years after the effective date of a registration statement registering the resale of the Warrant Shares and (ii) 45 days after the Company delivers notice that the Milestone Date has occurred. As of the date of this report, neither the Milestone Date nor the expiration date is determinable.

F3 · derivative.underlying_shares: 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.

Read SEC document
August 07, 2026 Filed Aug 12, 2026 00:30 UTC FEMASYS INC FEMY · Entity 7510 GrantCommon Stock Purchase Warrant · Derivative 15,625 Not disclosed Strike: $2.95 Not disclosed
Disclosure

SEC source: 0001140361-26-032314 · form4.xml · derivative · entry 2

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,625

Underlying: Common stock, par value $0.001 per share · 15,625 shares

Expires 2029-08-10

F2 · derivative.exercise_price: Holder may, at its option, exercise the Common Warrant, subject to the terms and conditions thereof, at an exercise price of $2.95 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Common Warrant and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.

F4 · price: The reported securities were purchased by the reporting person for an aggregate amount of $50,000.

F3 · derivative.underlying_shares: 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.

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August 07, 2026 Filed Aug 12, 2026 00:30 UTC FEMASYS INC FEMY · Entity 7510 PurchaseCommon Stock 15,625 $3.20 $50,000.00
Disclosure

SEC source: 0001140361-26-032314 · form4.xml · nonDerivative · entry 1

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,625

F1 · price: The purchase price paid by the reporting person for the Shares was $3.20 per share pursuant to the Securities Purchase Agreement, dated as of August 7, 2026, by and among Femasys Inc. and the purchasers party thereto.

Read SEC document
March 19, 2026 Filed Mar 27, 2026 21:00 UTC FEMASYS INC FEMY · Entity 7510 GrantSeries D-1 Warrants · Derivative 68,244 Not disclosed Strike: $0.58 Not disclosed
Disclosure

SEC source: 0001140361-26-011785 · form4.xml · derivative · entry 1

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,244

Underlying: Common stock, par value $0.001 per share · 68,244 shares

Expires 2036-03-19

F1 · derivative.exercise_price: 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.

F3 · price: 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.

F2 · derivative.underlying_shares: 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.

Read SEC document
February 19, 2026 Filed Feb 20, 2026 22:37 UTC FEMASYS INC FEMY · Entity 7510 GrantRestricted Stock Units · Derivative 282,000 $0.00 $0.00
Disclosure

SEC source: 0001140361-26-006343 · form4.xml · derivative · entry 2

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 282,000

Underlying: Common Stock · 282,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of FEMY common stock.

F3 · derivative.exercise_date: The restricted stock units fully vest on February 19, 2027, provided that the reporting person is employed by the Issuer or a subsidiary of the Issuer on the vesting date.

F3 · derivative.expiration_date: The restricted stock units fully vest on February 19, 2027, provided that the reporting person is employed by the Issuer or a subsidiary of the Issuer on the vesting date.

Read SEC document
February 19, 2026 Filed Feb 20, 2026 22:37 UTC FEMASYS INC FEMY · Entity 7510 GrantRestricted Stock Units · Derivative 447,000 $0.00 $0.00
Disclosure

SEC source: 0001140361-26-006343 · form4.xml · derivative · entry 1

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 447,000

Underlying: Common Stock · 447,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of FEMY common stock.

F2 · derivative.exercise_date: The restricted stock units vest in 4 equal annual installments beginning February 19, 2027, provided that the reporting person is employed by the Issuer or a subsidiary of the Issuer on the vesting date.

F2 · derivative.expiration_date: The restricted stock units vest in 4 equal annual installments beginning February 19, 2027, provided that the reporting person is employed by the Issuer or a subsidiary of the Issuer on the vesting date.

Read SEC document
November 07, 2025 Filed Nov 19, 2025 21:05 UTC FEMASYS INC FEMY · Entity 7510 OtherSeries C-1 Warrants · Derivative 68,244 Not disclosed Strike: $1.10 Not disclosed
Disclosure

SEC source: 0001140361-25-042734 · form4.xml · derivative · entry 4

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,244

Underlying: Common stock, par value $0.001 per share · 68,244 shares

Expires 2035-11-07

F4 · derivative.exercise_price: Holder may, at its option, exercise the Series C-1 Warrants, subject to the terms and conditions thereof, at an initial exercise price of $1.10 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Series C-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.

F7 · price: The reported securities were purchased by the reporting person for an aggregate amount of $50,000.

F6 · derivative.underlying_shares: 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.

Read SEC document
November 07, 2025 Filed Nov 19, 2025 21:05 UTC FEMASYS INC FEMY · Entity 7510 OtherSeries B-1 Warrants · Derivative 68,244 Not disclosed Strike: $0.92 Not disclosed
Disclosure

SEC source: 0001140361-25-042734 · form4.xml · derivative · entry 3

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,244

Underlying: Common stock, par value $0.001 per share · 68,244 shares

Expires 2035-11-07

F3 · derivative.exercise_price: Holder may, at its option, exercise the Series B-1 Warrants, subject to the terms and conditions thereof, at an initial exercise price of $0.92 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Series B-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.

F7 · price: The reported securities were purchased by the reporting person for an aggregate amount of $50,000.

F6 · derivative.underlying_shares: 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.

Read SEC document
November 07, 2025 Filed Nov 19, 2025 21:05 UTC FEMASYS INC FEMY · Entity 7510 OtherSeries A-1 Warrants · Derivative 68,244 Not disclosed Strike: $0.81 Not disclosed
Disclosure

SEC source: 0001140361-25-042734 · form4.xml · derivative · entry 2

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,244

Underlying: Common stock, par value $0.001 per share · 68,244 shares

Expires 2035-11-07

F2 · derivative.exercise_price: Holder may, at its option, exercise the Series A-1 Warrants, subject to the terms and conditions thereof, at an initial exercise price of $0.81 per share of Common Stock. The exercise price is subject to adjustment in accordance with the terms of the Series A-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.

F7 · price: The reported securities were purchased by the reporting person for an aggregate amount of $50,000.

F6 · derivative.underlying_shares: 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.

Read SEC document
November 07, 2025 Filed Nov 19, 2025 21:05 UTC FEMASYS INC FEMY · Entity 7510 OtherSenior Secured Convertible Notes · Derivative Not disclosed Not disclosed Strike: $0.73 $50,000.00
Disclosure

SEC source: 0001140361-25-042734 · form4.xml · derivative · entry 1

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: Not disclosed

Underlying: Common stock, par value $0.001 per share · 68,244 shares

Expires 2035-11-07

F1 · derivative.exercise_price: Holder may, at its option, prior to maturity, convert all or any portion of the outstanding amount of Senior Secured Convertible Notes due 2035 (the "Convertible Notes"), including accrued paid in-kind interest thereon, subject to certain limitations, into shares of Common Stock, at an initial conversion price of $0.73 per share of Common Stock. The conversion rate is subject to adjustment in accordance with the terms of the Convertible Notes and will be subject to standard adjustments in the event of any stock split, stock dividend, stock combination, recapitalization or other similar transactions.

F7 · price: The reported securities were purchased by the reporting person for an aggregate amount of $50,000.

F5 · derivative.underlying_shares: Represents the maximum number of shares of Common Stock issuable upon the voluntary conversion of the original stated amount of the Convertible Notes. The number of shares issuable upon conversion of the Convertible Notes is subject to increase in connection with the accrual of interest, which is payable in kind. The Holder's ability to convert the Convertible Notes to shares of Common Stock is subject to certain limitations, in accordance with rules of the Nasdaq Capital Market.

Read SEC document
August 27, 2025 Filed Aug 28, 2025 20:33 UTC FEMASYS INC FEMY · Entity 7510 OtherCommon Warrants (right to buy) · Derivative 48,535 Not disclosed Strike: $0.52 Not disclosed
Disclosure

SEC source: 0001140361-25-033197 · form4.xml · derivative · entry 3

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 48,535

Underlying: Common Stock · 48,535 shares

Expires 2030-08-27

F1 · price: The reported securities are included within 48,535 Units purchased by the reporting person for $0.5151 per Unit in an underwritten public offering pursuant to the Registration Statement on Form S-1 (File No. 333-289722). Each Unit consists of one share of common stock and one warrant to purchase one share of common stock.

Read SEC document
August 27, 2025 Filed Aug 28, 2025 20:33 UTC FEMASYS INC FEMY · Entity 7510 OtherCommon Stock 48,535 Not disclosed Not disclosed
Disclosure

SEC source: 0001140361-25-033197 · form4.xml · nonDerivative · entry 1

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 360,627

F1 · price: The reported securities are included within 48,535 Units purchased by the reporting person for $0.5151 per Unit in an underwritten public offering pursuant to the Registration Statement on Form S-1 (File No. 333-289722). Each Unit consists of one share of common stock and one warrant to purchase one share of common stock.

Read SEC document
June 02, 2025 Filed Jun 4, 2025 19:51 UTC FEMASYS INC FEMY · Entity 7510 OtherCommon Stock 34,314 $1.02 $35,000.28
Disclosure

SEC source: 0001140361-25-021409 · form4.xml · nonDerivative · entry 1

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 312,092

Read SEC document
January 29, 2025 Filed Jan 31, 2025 00:33 UTC FEMASYS INC FEMY · Entity 7510 GrantStock Option (Right to Buy) · Derivative 262,700 $0.00 Strike: $1.17 $0.00
Disclosure

SEC source: 0001140361-25-002474 · form4.xml · derivative · entry 3

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 262,700

Underlying: Common Stock · 262,700 shares

Expires 2035-01-29

F2 · derivative.exercise_date: The shares underlying the stock option vest equally in installments over 4 years beginning on January 29, 2025, provided that the reporting person is employed by the Issuer or a subsidiary of the Issuer on the vesting date.

Read SEC document
January 29, 2025 Filed Jan 31, 2025 00:33 UTC FEMASYS INC FEMY · Entity 7510 GrantStock Option (Right to Buy) · Derivative 120,353 $0.00 Strike: $1.17 $0.00
Disclosure

SEC source: 0001140361-25-002474 · form4.xml · derivative · entry 2

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 120,353

Underlying: Common Stock · 120,353 shares

Expires 2035-01-29

Read SEC document
January 29, 2025 Filed Jan 31, 2025 00:33 UTC FEMASYS INC FEMY · Entity 7510 GrantStock Option (Right to Buy) · Derivative 59,849 $0.00 Strike: $1.17 $0.00
Disclosure

SEC source: 0001140361-25-002474 · form4.xml · derivative · entry 1

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 59,849

Underlying: Common Stock · 59,849 shares

Expires 2035-01-29

F1 · derivative.exercise_date: The shares underlying the stock option vest equally in installments over 3 years beginning on January 29, 2025, provided that the reporting person is employed by the Issuer or a subsidiary of the Issuer on the vesting date.

Read SEC document
February 01, 2024 Filed Feb 2, 2024 21:42 UTC FEMASYS INC FEMY · Entity 7510 GrantStock Option (Right to Buy) · Derivative 204,900 $0.00 Strike: $0.80 $0.00
Disclosure

SEC source: 0001140361-24-005351 · form4.xml · derivative · entry 1

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 204,900

Underlying: Common Stock · 204,900 shares

Expires 2034-02-01

F1 · derivative.exercise_date: The shares underlying the stock option vest equally in installments over 4 years beginning on February 1, 2024, provided that the reporting person is employed by the Issuer or a subsidiary of the Issuer on the vesting date.

Read SEC document
July 03, 2023 Filed Jul 3, 2023 22:00 UTC FEMASYS INC FEMY · Entity 7510 GrantStock Option (Right to Buy) · Derivative 271,900 $0.00 Strike: $0.49 $0.00
Disclosure

SEC source: 0001140361-23-032845 · form4.xml · derivative · entry 2

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 271,900

Underlying: Common Stock · 271,900 shares

Expires 2033-07-03

Read SEC document
July 03, 2023 Filed Jul 3, 2023 22:00 UTC FEMASYS INC FEMY · Entity 7510 GrantStock Option (Right to Buy) · Derivative 270,400 $0.00 Strike: $0.49 $0.00
Disclosure

SEC source: 0001140361-23-032845 · form4.xml · derivative · entry 1

Lee-Sepsick Kathy · CIK 0001857109 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 270,400

Underlying: Common Stock · 270,400 shares

Expires 2033-07-03

F1 · derivative.exercise_date: The shares underlying the stock option vest equally in installments over 4 years from the date of grant, assuming continued employment.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.