Patrick Mercer - 10 Jul 2026 Form 4 Insider Report for IRIDEX CORP (IRIX)

Reporting relationship: President and CEO, Director
Issuer ticker: IRIX
Reported as of: 10 Jul 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 Jul 2026, 16:59:14 UTC
Prior SEC filing: 16 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Nilo De Castro, Attorney-in-fact for Patrick Mercer

Key filing fact

Patrick Mercer filed Form 4 for IRIDEX CORP (IRIX) on 14 Jul 2026.

Key facts

This page summarizes Patrick Mercer's Form 4 filing for IRIDEX CORP (IRIX).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 14 Jul 2026, 16:59.

Change

Previous filing in this sequence was filed on 16 Jun 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001786824 Primary reporting owner

Mercer Patrick

Relationship: President and CEO, Director
Address: 1212 TERRA BELLA AVENUE, MOUNTAIN VIEW
Signature: /s/ Nilo De Castro, Attorney-in-fact for Patrick Mercer
Signature date: 14 Jul 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IRIX transaction

Common Stock

Award

Transaction value
Shares: +100,000
Change %: +27%
Price: $0.000000^*
Shares after: 468,784
Date: 10 Jul 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IRIX transaction Derivative

Stock option (right to buy)

Award

Transaction value
Shares: +200,000
Change %
Price: $0.000000^*
Shares after: 200,000
Date: 10 Jul 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 200,000
Exercise price: $1.10
Footnotes: F2

IRIX transaction Derivative

Performance Restricted Stock Units

Award

Transaction value
Shares: +100,000
Change %
Price: $0.000000^*
Shares after: 100,000
Date: 10 Jul 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 100,000
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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.

Footnote F3

Each performance restricted stock unit (PSU) represents a contingent right to receive one share of the Issuer's Common Stock.

Footnote 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).