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

Director Edward Fiorentino acquired 41,901 shares of Senseonics Holdings, Inc. common stock on October 1, 2024, in lieu of quarterly retainer fees.

Summary

• On October 1, 2024, Edward Fiorentino, a director of Senseonics Holdings, Inc., acquired 41,901 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 valued at $0.3371 each, based on the closing price of Senseonics' common stock on the NYSE American on the transaction date.
• Following the transaction, Fiorentino directly owns 1,152,936 shares of Senseonics Holdings, Inc.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction related to director compensation. The director taking shares instead of cash could be seen as a positive sign of confidence, but it's not a major event.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

This is a routine Form 4 filing, indicating a change in beneficial ownership by a company insider. It is common for directors to receive stock as part of their compensation.

Stakeholder Impact

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

Key Dates