John Crystal III Ownership Disclosure Following Movano-Corvex Merger

2026-03-31SEC Filing 3 (0001193125-26-135199)

This Form 3 filing discloses the ownership interests of John Crystal III, Chief Executive Officer of Corvex, Inc. (formerly Movano Inc.), following the merger between Movano and Corvex completed on March 30, 2026. The filing reveals Crystal's substantial equity position in the combined company, including direct ownership of 3,054,235 common shares and significant derivative holdings. These include incentive stock options for 2,902,143 common shares at $10.06 per share, Series B Convertible Preferred Stock convertible into 14,965 common shares, and Series C Non-Voting Convertible Preferred Stock convertible into 3,345,524 common shares. Additional holdings are held indirectly through Crystal's Roth IRA. The merger agreement details the exchange of Corvex common stock for various classes of preferred stock in the combined entity, which will convert to common stock under specified conditions.

Ticker mentioned:MOVE