Form 4: SeaStar Medical Holding Corp: Chief Medical Officer Increases Stake
SEC Form 4
Kevin Chung, Chief Medical Officer of SeaStar Medical Holding Corp, recently purchased 1,000 shares of common stock at a price of $4.2581 per share.
Summary
- On September 30, 2024, Kevin Chung, the Chief Medical Officer of SeaStar Medical Holding Corp, purchased 1,000 shares of the company's common stock.
- The purchase price was $4.2581 per share.
- Following the transaction, Mr. Chung directly owns 9,435 shares of SeaStar Medical Holding Corp.
- All amounts of securities reported in this Form 4 have been adjusted to reflect the 1-for-25 reverse split effectuated by the Issuer on June 7, 2024.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive due to insider buying, which suggests confidence in the company's prospects. However, it's a single transaction and needs to be considered in the context of overall company performance.
Positives
- The Chief Medical Officer's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Insider buying is often seen as a positive sign, suggesting that those with the most knowledge of the company's prospects are optimistic about its future.
Stakeholder Impact
- The purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Issuer effectuated a 1-for-25 reverse split of the Issuer's common stock. |
| 09/30/2024 | Kevin Chung purchased 1,000 shares of common stock. |
| 10/01/2024 | Date of signature for the Form 4 filing. |
Keywords
SeaStar Medical Holding Corp, insider trading, Form 4, Kevin Chung, stock purchase, Chief Medical Officer, ICU
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.