Form 4: Senseonics Director Acquires Shares in Lieu of Retainer Fees

Senseonics Holdings director Steven Edelman acquired 27,219 shares of common stock in lieu of quarterly retainer fees.

Summary

• Director Steven Edelman acquired 27,219 shares of Senseonics Holdings common stock.
• The shares were issued in lieu of quarterly retainer fees as part of the company's non-employee director compensation policy.
• The value of the shares was calculated based on the closing price of Senseonics common stock on January 2, 2025, which was $0.473 per share.
• The total value of the shares issued was $12,874.59.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed as neutral to slightly positive. It indicates alignment of interests between the director and the company.

Positives

• The transaction reflects the company's commitment to compensating directors with equity.
• The director's increased stake aligns his interests with those of shareholders.

Industry Context

This type of equity compensation is common practice for directors of publicly traded companies, aligning their interests with shareholders.

Comparison to Industry Standards

• Many publicly traded companies use equity as part of their compensation packages for non-employee directors.
• This practice is generally considered standard and helps to align the interests of directors with the long-term success of the company.
• The specific amount of equity granted varies based on company size, performance, and industry benchmarks.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

Keywords

Senseonics, Director, Stock Acquisition, Equity Compensation, Retainer Fees, SENS