Form 4: Arbiter Partners Capital Management LLC Reports Changes in Stereotaxis Inc. Beneficial Ownership

Paul J. Isaac, through Arbiter Partners Capital Management LLC, reports transactions in Stereotaxis, Inc. common stock, including acquisitions and a disposition.

Summary

• Paul J. Isaac, associated with Arbiter Partners Capital Management LLC, filed a Form 4 detailing changes in beneficial ownership of Stereotaxis, Inc. (STXS) common stock.
• On August 19, 2024, 812 shares were acquired at $1.88 per share.
• On August 20, 2024, 442 shares were acquired at $1.88 per share.
• 26,000 shares were disposed of.
• Following these transactions, the total number of shares beneficially owned indirectly is 2,768,068.
• These shares are held by Arbiter Partners QP LP and certain managed accounts managed by Arbiter Partners Capital Management LLC.
• Mr. Isaac disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Negatives

• Disposition of 26,000 shares.

Management Comments

• Mr. Isaac disclaims beneficial ownership of these securities for all purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership, which is common for individuals and entities holding more than 10% of a company's shares or who are directors or officers.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of the company.

Key Dates