Form 4: Lucid Diagnostics Inc. Executive Acquires 300,000 Shares of Common Stock
SEC Form 4 Filing
Michael Adam Gordon, General Counsel and Secretary of Lucid Diagnostics Inc., acquired 300,000 shares of common stock on February 20, 2025, and disposed of 700,000 shares.
Summary
- On February 20, 2025, Michael Adam Gordon, the General Counsel and Secretary of Lucid Diagnostics Inc., acquired 300,000 shares of common stock.
- The acquisition was made under the Issuer's 2018 Equity Plan.
- The price of the acquired shares was $0.
- These shares are restricted stock with a single vesting date of May 20, 2028, and are subject to forfeiture if the service period is not completed.
- Following the transaction, Gordon directly owns 700,000 shares of Lucid Diagnostics Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about stock ownership.
Risks
- The restricted stock is subject to forfeiture if the required service period is not completed, indicating a potential risk of losing the shares if employment terms are not met.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency regarding the holdings of company executives. It's a standard practice for publicly traded companies to report such transactions to the SEC.
Stakeholder Impact
- The transaction could have a minor impact on shareholders by slightly diluting the ownership base, although the number of shares is relatively small compared to the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: Acquisition of 300,000 shares of common stock. |
| 02/21/2025 | Date of signature for the Form 4 filing. |
| 05/20/2028 | Vesting date for the restricted stock. |
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