Form 4 for REF Reformation Inc.
Accepted 2026-07-31 21:53:34 ET · period of report 2026-07-29 · accession 0001104659-26-089350 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-07-31 21:53 | 2026-07-29 | REF | Borenstein Hali | CEO, Pres, Dir | A - Grant | $0.00 | +1.13M | 1.30M | +663% | $0 |
| D | 2026-07-31 21:53 | 2026-07-31 | REF | Borenstein Hali | CEO, Pres, Dir | D - Sale to Iss | $13.95 | -170.9K | 1.13M | -13% | -$2.38M |
| D | 2026-07-31 21:53 | 2026-07-29 | REF | Borenstein Hali | CEO, Pres, Dir | A - Grant | $0.00 | +294.2K | 294.2K | New | $0 |
| D | 2026-07-31 21:53 | 2026-07-29 | REF | Borenstein Hali | CEO, Pres, Dir | D - Sale to Iss | $13.95 | -538.4K | 1.40M | -28% | -$7.51M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-07-29 | A | A | 300,000 | $0.00 | 470,876 | D | — | — | (F1) Represents a grant of performance-based restricted stock units ("PSUs"), which vest subject to the achievement of certain pre-determined stock price targets and satisfaction of a service-based vesting condition. The PSUs are awarded at a target level and have the opportunity to vest at 200% of such target level. Each PSU represents a contingent right to receive one share of common stock. |
| 2 | Common | Common Stock | 2026-07-29 | A | A | 666,666 | $0.00 | 1,137,542 | D | — | — | (F2) Represents a grant of restricted stock units ("RSUs"), which vest in two equal annual installments in each of the first and second anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date. Each RSU represents a contingent right to receive one share of common stock. |
| 3 | Common | Common Stock | 2026-07-29 | A | A | 166,666 | $0.00 | 1,304,208 | D | — | — | (F3) Represents a grant of RSUs, which vest in three equal annual installments in each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date. |
| 4 | Common | Common Stock | 2026-07-31 | D | D | 170,876 | $13.95 | 1,133,332 | D | — | — | (F4) Represents securities purchased by the Issuer in a synthetic secondary transaction in connection with the Issuer's initial public offering. (F5) Consists of 300,000 shares of common stock underlying PSUs and 833,332 shares of common stock underlying RSUs. |
| 5 | Derivative | Stock Option (right to buy) | 2026-07-29 | A | A | 294,155 | $0.00 | 294,155 | D | $15.00 · — to 2036-07-29 | 294,155 Common Stock | (F7) One-third of the options vest on the first anniversary of the grant date, and the remainder vest in equal quarterly installments on each of the eight quarterly anniversaries of the grant date following the first anniversary of the grant date, such that the stock options will become fully vested on the third anniversary of the grant date, in each case subject to the reporting person's continued employment with the Issuer through the applicable vesting date. |
| 6 | Derivative | Stock Option (right to buy) | 2026-07-29 | D | D | 538,410 | $13.95 | 1,395,768 | D | $6.61 · — to 2034-05-01 | 538,410 Common Stock | (F4) Represents securities purchased by the Issuer in a synthetic secondary transaction in connection with the Issuer's initial public offering. (F8) These options are fully vested. |