Form 4: Establishment Labs Director Acquires Shares in Lieu of Cash Retainer
SEC Form 4
Director Ann Custin acquired 474 common shares of Establishment Labs Holdings Inc. in lieu of a quarterly cash retainer payment.
Summary
- On March 31, 2025, Ann Custin, a director of Establishment Labs Holdings Inc., acquired 474 common shares of the company.
- The shares were received in lieu of a quarterly cash retainer payment, as per the Issuer's Outside Director Compensation Policy.
- The price per share was $40.81, based on the closing price of the Issuer's common shares on the last trading day of the quarter.
- Following the transaction, Custin directly owns 16,661 common shares.
- The shares were issued pursuant to the Issuer's 2018 Equity Incentive Plan.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation.
Positives
- A director's decision to take shares in lieu of cash may signal confidence in the company's future prospects.
Industry Context
Directors receiving shares as compensation is a common practice, aligning their interests with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Ann Custin acquired common shares. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
Keywords
Establishment Labs, Director, Share Acquisition, Equity Incentive Plan, Common Shares, Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.