Form 4: Heron Therapeutics Director Susan Rodriguez Acquires Shares and Options
SEC Form 4 Filing
Director Susan Rodriguez of Heron Therapeutics acquired 17,950 shares of common stock and 35,900 stock options on January 30, 2025.
Summary
- Susan Rodriguez, a director at Heron Therapeutics, acquired 17,950 shares of common stock and 35,900 stock options on January 30, 2025.
- The common stock was granted as restricted stock units that will vest on January 30, 2026.
- Each restricted stock unit represents a contingent right to receive one share of common stock.
- The stock options vest in 12 equal monthly installments starting one month after the grant date and expire on January 30, 2035.
- The exercise price for the stock options is $1.73 per share.
Sentiment
Score: 6
Explanation: The document is a routine filing and does not contain any information that would significantly impact sentiment. The acquisition of shares and options by a director is a neutral to slightly positive event.
Positives
- The acquisition of shares and options by a director could be seen as a positive sign of confidence in the company's future.
Industry Context
This is a standard SEC Form 4 filing, which is common for company insiders who have made transactions in their company's stock. It is a routine disclosure required by law.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The vesting schedule for the restricted stock units and stock options is typical for executive compensation packages.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 2024-04-11 | Date of Power of Attorney execution. |
| 2025-01-30 | Date of stock and option grant. |
| 2025-02-03 | Date of Form 4 filing. |
| 2026-01-30 | Vesting date for restricted stock units. |
| 2035-01-30 | Expiration date for stock options. |
Keywords
Heron Therapeutics, Director, Stock Options, Restricted Stock Units, Share Acquisition, Form 4, Insider Trading
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