Form 4: Cerus Corp Director Daniel N Swisher JR Acquires 40,000 Shares

Director Daniel N Swisher JR of Cerus Corp acquired 40,000 shares of common stock at $5 per share on June 5, 2024.

Summary

• On June 5, 2024, Daniel N Swisher JR, a director of Cerus Corp, acquired 40,000 shares of common stock.
• The purchase price was $5 per share.
• Following the transaction, Swisher directly owns 147,045 shares of Cerus Corp.
• The acquisition involved Restricted Stock Units (RSUs) that vest on the earlier of the first anniversary of the grant date or the day prior to the next annual meeting of stockholders, contingent upon continuous service.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock acquisition by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, and 10% owners) of a publicly traded company buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence due to insider buying.

Key Dates