Swarmer CEO Alexander Fink sells $124,164 in stock for tax withholding

Alexander Fink, President and Chief Executive Officer (U.S.) and a director at Swarmer, Inc. (NASDAQ:SWMR), sold 12,580 shares of common stock on October 16, 2026. The transaction totaled $124,164.

The sale was conducted to satisfy tax withholding obligations in connection with the vesting of restricted stock units. These sales are mandated as part of Swarmer, Inc.’s equity incentive plans, which require tax withholding obligations to be funded by a "sell to cover" transaction, and do not represent discretionary trades by Mr. Fink.

The shares were sold at prices ranging from $9.61 to $10.24 per share, with a weighted average price of $9.87 per share. Following this transaction, Mr. Fink directly holds 2,679,907 shares of Swarmer, Inc. common stock.The timing of this mandatory sale comes as SWMR shares trade at $9.03, near their 52-week low of $8.62. According to InvestingPro Tips, the stock has taken a big hit over the last week, declining 8.38%, and is down nearly 79% over the past six months. Despite the sharp decline, InvestingPro analysis suggests the stock appears undervalued at current levels. For deeper insights into SWMR’s valuation and access to over 15 additional ProTips, investors can explore the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Swarmer Inc. announced its acquisition of Ratel Robotics, a Ukrainian manufacturer of unmanned ground vehicles, for up to $224 million in cash and stock. This marks Swarmer’s first major acquisition under the leadership of board chairman Erik Prince. The deal is still subject to customary closing conditions and necessary approvals. In its latest earnings report, Swarmer revealed second-quarter revenue of approximately $220,000, marking a 56.5% increase from the previous year. However, the company reported a wider net loss of about $7.2 million, attributed to increased spending on engineering, product development, and public-company costs. The adjusted earnings per share stood at -$0.45 for the quarter. These recent developments highlight significant strategic and financial activities within Swarmer Inc.