Form 4: SeaStar Medical CFO Acquires 752,500 Shares of Common Stock
SEC Form 4 Filing
David A. Green, CFO of SeaStar Medical Holding Corp, reports the acquisition of 752,500 shares of common stock through restricted stock units.
Summary
- David A. Green, the Chief Financial Officer of SeaStar Medical Holding Corp, filed a Form 4 on April 16, 2024.
- The form reports a transaction that occurred on April 12, 2024, where Mr. Green acquired 752,500 shares of SeaStar Medical's common stock.
- These shares are related to restricted stock units (RSUs) awarded to Mr. Green.
- The RSUs vest over time, with 25% vesting one year from January 10, 2024, and the remaining 75% vesting in monthly installments over the following 36 months starting January 10, 2025.
- The acquisition price is reported as $0.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing related to stock options. The CFO taking stock is a good sign, but it's not overwhelmingly positive.
Positives
- The acquisition of shares by the CFO could be seen as a positive sign, indicating confidence in the company's future.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates the CFO's acquisition of shares, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The acquisition of shares by the CFO could potentially increase investor confidence.
Key Dates
| Date | Description |
|---|---|
| January 10, 2024 | Measurement start date for vesting of 25% of the shares. |
| April 12, 2024 | Date of transaction: CFO acquired 752,500 shares of common stock. |
| April 16, 2024 | Date of Form 4 filing. |
| January 10, 2025 | Measurement start date for vesting of the remaining 75% of the shares in monthly installments. |
Keywords
SeaStar Medical, ICU, David A. Green, CFO, Form 4, Restricted Stock Units, RSUs, Beneficial Ownership, Securities
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