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

Director Nicholas Sheridan Lewin acquired 542 common shares of Establishment Labs Holdings Inc. (ESTA) on December 31, 2024, in lieu of a quarterly cash retainer payment.

Summary

• On December 31, 2024, Nicholas Sheridan Lewin, a director of Establishment Labs Holdings Inc. (ESTA), acquired 542 common shares.
• The shares were acquired in lieu of a quarterly cash retainer payment, as per the Issuer's Outside Director Compensation Policy.
• The price per share was $46.07.
• Following the transaction, Lewin directly owns 1,071,313 common shares.
• Lewin's spouse indirectly owns 14,190 common shares.
• The shares were issued pursuant to the Issuer's 2018 Equity Incentive Plan and determined based on the closing price of the Issuer's common shares on the last trading day of the quarter.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and the director taking shares instead of cash could be seen as a slightly positive signal.

Positives

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

Industry Context

This is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive equity as part of their compensation.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders.

Key Dates