Sanjay K. Shrestha - 22 Oct 2025 Form 4 Insider Report for Fusemachines Inc. (FUSE)

Reporting relationship: Director
Issuer ticker: FUSE
Reported as of: 22 Oct 2025
Net transaction value: +$2,359,820
SEC form: 4
Accepted by SEC: 28 Oct 2025, 21:19:24 UTC
Prior SEC filing: 10 Oct 2025
Next SEC filing: 08 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Grant Levine, Attorney-in-Fact

Key filing fact

Sanjay K. Shrestha filed Form 4 for Fusemachines Inc. (FUSE) on 28 Oct 2025.

Key facts

This page summarizes Sanjay K. Shrestha's Form 4 filing for Fusemachines Inc. (FUSE).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 28 Oct 2025, 21:19.

Change

Previous filing in this sequence was filed on 10 Oct 2025.
Current net transaction value: +$2,359,820.

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 0001775802 Primary reporting owner

Shrestha Sanjay K

Relationship: Director
Address: C/O FUSEMACHINES INC., 251 WEST 30TH STREET, 5TH FLOOR, NEW YORK
Signature: /s/ Grant Levine, Attorney-in-Fact
Signature date: 28 Oct 2025

Reported non-derivative transactions

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

FUSE transaction

Common stock

Award

Transaction value: $2,359,820
Shares: +235,982
Change %
Price: $10.00
Shares after: 235,982
Date: 22 Oct 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

FUSE transaction Derivative

Options to purchase common stock

Award

Transaction value
Shares: +39,481
Change %
Price
Shares after: 39,481
Date: 22 Oct 2025
Ownership: Direct
Underlying class: Common stock
Underlying amount: 39,481
Exercise price: $0.7000
Footnotes: F2, F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Pursuant to the merger agreement dated January 22, 2024 and amended on August 27, 2024 between CSLM Acquisition Corp., a Cayman Islands exempted company ("CSLM"), CSLM Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of CSLM ("Merger Sub"), Fusemachines Inc., a Delaware company ("Old Fusemachines"), and CSLM Holdings, Inc. ("New Fusemachines") (as amended, the "Business Combination Agreement"), each issued and outstanding share of Old Fusemachines common stock was converted into shares of New Fusemachines common stock at a conversion ratio of 0.6580 (the "Conversion Ratio").

Footnote F2

Pursuant to the Business Combination Agreement, each issued and outstanding option to purchase shares of Old Fusemachines common stock was converted into an option to purchase shares of New Fusemachines common stock, with the number of shares underlying the option and the exercise price of the option, each adjusted in accordance with the Conversion Ratio.

Footnote F3

Represents options to purchase up to an aggregate of 39,481 shares of New Fusemachines common stock