4/A: CVRx Director Martha Shadan Corrects Stock Option Grant in Amended SEC Filing
SEC Form 4/A (Amendment)
Martha Shadan, a director of CVRx, Inc., filed an amended Form 4 to correct an understatement of stock options granted.
Summary
- On June 7, 2024, Martha Shadan, a director of CVRx, Inc., filed an amended Form 4 with the SEC.
- This amendment corrects an error in the original Form 4 filed on June 6, 2024, which inadvertently understated the number of stock options granted to Shadan by 6,289.
- The corrected filing shows that Shadan was granted 27,250 stock options on June 4, 2024, with an exercise price of $6.49.
- These options vest on the earlier of June 4, 2025, or the Issuer's 2025 annual meeting of stockholders and expire on June 4, 2034.
- Following the reported transaction, Shadan directly owns 27,250 derivative securities.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing. It doesn't indicate any significant positive or negative news about the company, but the correction itself suggests attention to detail and compliance.
Industry Context
This is a standard SEC filing related to insider transactions. It is common for directors and officers of publicly traded companies to receive stock options as part of their compensation packages. These filings are a matter of public record and provide transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 06/04/2024 | Date of earliest transaction: Stock options granted to Martha Shadan. |
| 06/04/2025 | Stock options vest on the earlier of this date or the Issuer's 2025 annual meeting of stockholders. |
| 06/04/2034 | Expiration date of the stock options. |
| 06/06/2024 | Date of original Form 4 filing which contained an error. |
| 06/07/2024 | Date of amended Form 4/A filing to correct the stock option grant. |
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