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

Director Steven Edelman acquired 38,193 shares of Senseonics Holdings, Inc. common stock on October 1, 2024, in lieu of quarterly retainer fees.

Summary

• On October 1, 2024, Steven Edelman, a director of Senseonics Holdings, Inc., acquired 38,193 shares of common stock.
• The acquisition was made in lieu of quarterly retainer fees, according to the issuer's non-employee director compensation policy.
• The shares were priced at $0.3371 each, which was the closing price of Senseonics' common stock on the NYSE American on October 1, 2024.
• Following the transaction, Edelman directly owns 1,077,985 shares of Senseonics common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation.

Positives

• The director's acquisition of shares demonstrates confidence in the company.

Industry Context

Directors often receive stock as part of their compensation, aligning their interests with those of shareholders. This is a common practice in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates