Form 4: Establishment Labs Director Acquires Shares in Lieu of Cash Retainer

Director Nicholas Sheridan Lewin acquired 550 common shares of Establishment Labs Holdings Inc. in lieu of a quarterly cash retainer payment on June 30, 2024.

Summary

• On June 30, 2024, Nicholas Sheridan Lewin, a director of Establishment Labs Holdings Inc., acquired 550 common shares.
• The acquisition was made in lieu of a quarterly cash retainer payment, as per the Issuer's Outside Director Compensation Policy.
• The shares were issued under the Issuer's 2018 Equity Incentive Plan.
• The price of the shares was $45.44.
• Following the transaction, Lewin directly owns 1,070,194 common shares.
• Lewin's spouse indirectly owns 14,190 common shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. A director taking shares instead of cash is generally a positive sign, but it's a small transaction.

Positives

• The director's decision to take shares instead of cash may signal confidence in the company's future performance.

Industry Context

Directors often receive compensation in the form of shares, aligning their interests with those of shareholders. This is a common practice in publicly traded companies.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares.

Key Dates