Form 4: Semler Scientific Director Eric Semler Reports Acquisition of Shares and Indirect Ownership
SEC Form 4 Filing
Director Eric Semler reports acquiring shares of Semler Scientific and disclaims beneficial ownership of shares held by TCS Capital Advisors, LLC.
Summary
- On May 10, 2024, Eric Semler, a director of Semler Scientific, Inc., reported acquiring 2,182 shares of Common Stock at $0 per share.
- Following the transaction, Mr. Semler directly owns 570,403 shares of Common Stock.
- Mr. Semler also indirectly owns 77,771 shares through TCS Capital Advisors, LLC, but disclaims beneficial ownership except to the extent of his pecuniary interest.
- Mr. Semler has granted power of attorney to Renae Cormier, Ravi Pokuri, and Douglas Murphy-Chutorian to execute and file necessary forms related to securities transactions.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the ownership of company stock by its directors.
Key Dates
| Date | Description |
|---|---|
| 2023-07-31 | Date of Power of Attorney execution by Eric Semler. |
| 2024-05-10 | Date of transaction: Eric Semler acquired shares of Common Stock. |
| 2024-05-14 | Date of signature for the report by attorney-in-fact. |
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