Form 4: Catheter Precision Director Converts Preferred Stock

Catheter Precision Director James Joseph Caruso converted Series X Convertible Preferred Stock into 41 shares of common stock.

Summary

• James Joseph Caruso, a Director of Catheter Precision, Inc. (VTAK), completed a conversion transaction.
• On December 5, 2025, Caruso converted 7.932 shares of Series X Convertible Preferred Stock.
• This conversion resulted in the acquisition of 41 shares of the company's Common Stock.
• The transaction price for the acquired common stock was reported as $0, indicating it was obtained through conversion rather than a cash purchase.
• Following this transaction, Caruso directly holds 50 shares of Common Stock and no Series X Convertible Preferred Stock.
• The Series X Convertible Preferred Stock has no expiration date.

Sentiment

Score: 5

Explanation: The filing reports a routine insider conversion of preferred stock to common stock, which is generally neutral in sentiment. The small number of shares involved limits its significance.

Positives

• The conversion simplifies the capital structure by reducing the number of preferred shares and increasing common stock ownership by a director.

Negatives

• No direct negatives are apparent from this routine insider conversion transaction.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This insider transaction is a routine disclosure and does not provide specific insights into broader industry trends or competitive landscape for Catheter Precision, Inc. It reflects an individual director's portfolio management.

Related Party Transactions

• James Joseph Caruso, a Director of Catheter Precision, Inc., engaged in a transaction involving the company's securities.

Stakeholder Impact

• Shareholders: A minor increase in the number of outstanding common shares due to the conversion, which is unlikely to have a material impact on per-share metrics given the small quantity.

Key Dates

Keywords

Catheter Precision, VTAK, Form 4, Insider Transaction, Stock Conversion, Director, Beneficial Ownership, Preferred Stock, Common Stock