Form 4: SeaStar Medical Director Kenneth Van Heel Acquires Shares in Lieu of Cash Fees

Director Kenneth Van Heel acquired 43,564 shares of SeaStar Medical Holding Corp common stock in lieu of cash fees for his services as a director.

Summary

• Kenneth Van Heel, a director of SeaStar Medical Holding Corp, acquired 43,564 shares of common stock on April 12, 2024.
• The shares were granted in lieu of a portion of cash fees owed to Van Heel for his services as a director.
• The price per share was $0.
• Following the transaction, Van Heel beneficially owns 159,964 shares of SeaStar Medical Holding Corp.

Sentiment

Score: 6

Explanation: Neutral sentiment. This is a routine transaction and doesn't necessarily indicate a strong positive or negative outlook for the company.

Positives

• A director taking shares in lieu of cash may signal confidence in the company's future prospects.

Industry Context

This is a standard disclosure of insider transactions. Directors often receive equity as part of their compensation.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning his interests with those of other shareholders.

Key Dates

Keywords

SeaStar Medical Holding Corp, Kenneth Van Heel, Director, Share Acquisition, Form 4, Common Stock, Insider Transaction