Form 4: ClearPoint Neuro Director Timothy Richards Settles Restricted Stock Units
SEC Form 4 Filing
Director Timothy Richards settled 21,093 restricted stock units into common stock of ClearPoint Neuro, Inc.
Summary
- On May 16, 2025, Timothy Richards, a director of ClearPoint Neuro, Inc. (CLPT), settled 21,093 restricted stock units (RSUs) into shares of common stock.
- The RSUs vested on the earlier of the first anniversary of the grant date or the day immediately preceding the company's 2025 annual meeting of stockholders.
- Following the transaction, Richards directly owns 87,381 shares of ClearPoint Neuro common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to the vesting of stock units, and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting and settlement of previously granted equity compensation.
Stakeholder Impact
- The settlement of RSUs increases the number of outstanding shares, which could have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Reporting person was granted 21,093 restricted stock units. |
| 05/16/2025 | Settlement of 21,093 restricted stock units into common stock. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
ClearPoint Neuro, CLPT, Timothy Richards, restricted stock units, RSU, Form 4, beneficial ownership, director, settlement, common stock
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