Form 4: William H. Chang Reports Acquisition of Semler Scientific Shares

Director William H. Chang reports acquiring 1,318 shares of Semler Scientific, Inc. common stock on November 7, 2024.

Summary

• William H. Chang, a director and 10% owner of Semler Scientific, Inc., reported acquiring 1,318 shares of common stock on November 7, 2024.
• The shares were awarded pursuant to the issuer's non-employee director compensation policy and were fully vested upon grant.
• Following the transaction, Chang directly owns 3,500 shares and indirectly owns 442,395 shares through the W&D Chang Family Trust, 199,596 shares through three grantor retained annuity trusts, and 241,508 shares through Chang 2020 GP LP.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction. The acquisition of shares by a director is generally viewed positively, but the filing itself is simply a disclosure requirement.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The shares were awarded as part of a non-employee director compensation policy, aligning director interests with shareholder value.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the ownership changes of key personnel.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates