Form 4: AtriCure COO Boosts Stake via Employee Stock Plan
Insider Transaction Report
AtriCure's Chief Operating Officer, Douglas J. Seith, acquired 257 shares of common stock through the company's Employee Stock Purchase Plan at a price of $27.37 per share.
Summary
- Douglas J. Seith, Chief Operating Officer of AtriCure, Inc. (ATRC), acquired 257 shares of common stock.
- The transaction occurred on December 31, 2025.
- Shares were acquired at a price of $27.37 per share.
- The acquisition was made pursuant to the AtriCure, Inc. 2018 Employee Stock Purchase Plan (ESPP).
- The purchase price of $27.37 represents 85% of the closing price of $32.20 on July 1, 2025, which was the first trading day of the applicable offering period.
- Following this transaction, Douglas J. Seith beneficially owns 184,370 shares of AtriCure common stock directly.
Sentiment
Score: 7
Explanation: The acquisition of shares by a Chief Operating Officer, even through an ESPP, generally indicates a positive sentiment towards the company's future prospects and aligns management's interests with shareholders. It's a routine, but still positive, sign of insider ownership.
Positives
- Increased insider ownership, as Chief Operating Officer Douglas J. Seith acquired additional shares.
- Participation in the Employee Stock Purchase Plan (ESPP) demonstrates management's confidence and alignment with shareholder interests.
- The shares were acquired at a discounted price of $27.37, reflecting the benefits of the ESPP.
Negatives
- No negative aspects are directly indicated by this routine insider transaction filing.
Risks
- No specific risks are disclosed in this Form 4 filing.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This is a routine insider transaction and does not provide specific industry context. It reflects an employee's participation in a standard company benefit plan, which is common across various industries.
Stakeholder Impact
- Shareholders: Potentially positive, as increased insider ownership can signal confidence in the company's future performance.
- Employees: Demonstrates the ongoing operation of employee benefit plans, which can be a positive for employee retention and morale.
Key Dates
| Date | Description |
|---|---|
| 2025-07-01 | First trading day of the applicable ESPP offering period, with a closing price of $32.20. |
| 2025-12-31 | Date of transaction where 257 shares were acquired. |
| 2026-01-02 | Date the Form 4 was signed by Allison Walker as Attorney-in-fact. |
Keywords
AtriCure, ATRC, Douglas J. Seith, Chief Operating Officer, COO, Insider Trading, Form 4, Stock Purchase, ESPP, Employee Stock Purchase Plan, Common Stock, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.