Form 4 for IRIX IRIDEX CORP

Accepted 2026-07-14 16:59:14 ET · period of report 2026-07-10 · accession 0001193125-26-303346 · 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
D	2026-07-14 16:59	2026-07-10	IRIX	Mercer Patrick	Pres, CEO, Dir	A - Grant	$0.00	+100.0K	468.8K	+27%	$0
DM	2026-07-14 16:59	2026-07-10	IRIX	Mercer Patrick	Pres, CEO, Dir	A - Grant	$0.00	+300.0K	100.0K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2026-07-10	A	A	100,000	$0.00	468,784	D	—	—	(F1) 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.
2	Derivative	Stock option (right to buy)	2026-07-10	A	A	200,000	$0.00	200,000	D	$1.10 · — to 2033-07-10	200,000 Common Stock	(F2) 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.
3	Derivative	Performance Restricted Stock Units	2026-07-10	A	A	100,000	$0.00	100,000	D	— · — to 2029-07-10	100,000 Common Stock	(F3) Each performance restricted stock unit (PSU) represents a contingent right to receive one share of the Issuer's Common Stock. (F4) 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).