Form 4: CVRx SVP Palmer Craig E. Reports Stock Option Exercises
SEC Form 4 Filing
CVRx's SVP of U.S. Sales, Palmer Craig E., reported exercising stock options at a price of $0.237 on March 25, 2024, resulting in the acquisition and disposal of common stock.
Summary
- On March 25, 2024, Palmer Craig E., SVP of U.S. Sales at CVRx, Inc., executed transactions involving stock options.
- He exercised stock options to acquire common stock at a price of $0.237 per share.
- The transactions involved the acquisition of 379, 404, and 151 shares of common stock through the exercise of corresponding stock options.
- Following these transactions, the reporting person's direct ownership of common stock changed.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock option exercises, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares outstanding.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of earliest transaction: Stock option exercises and stock acquisitions/disposals. |
| 03/27/2024 | Date of signature on the Form 4 filing. |
| 09/10/2024 | Expiration date of one set of stock options exercised. |
| 06/30/2025 | Expiration date of one set of stock options exercised. |
| 08/06/2025 | Expiration date of one set of stock options exercised. |
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