Fabric.AI, Inc. — Form 10-Q
Filed August 14, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 28/100
What the filing says
Fabric.AI engaged Michael Murray as non-exclusive consultant and Chairman of the Joint Steering Committee (established under its April 27, 2026 License with Kopin Corporation) effective August 14, 2026. Compensation is solely stock options (number of shares and exercise price not specified in this exhibit) vesting in three equal annual tranches; no cash payment, no minimum time commitment beyond four virtual meetings per year. Role is advisory, non-fiduciary, non-board; contract terminates when the Kopin License ends or upon 60 days' notice.
Why this rating
Consultant advisory grant; option count/value undisclosed; no cash outlay; non-material relative to $3.9M market cap; standard governance arrangement.
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