Form 4: Surrozen CFO Andrew Maleki Acquires Shares via ESPP

Surrozen, Inc. Chief Financial Officer Andrew Pedrum Maleki acquired 607 shares of common stock through the company's Employee Stock Purchase Plan.

Summary

• CFO Andrew Pedrum Maleki acquired 607 shares of Surrozen, Inc. (SRZN) common stock.
• The transaction occurred on June 15, 2026, at a price of $19.01 per share.
• The acquisition was made pursuant to the Surrozen, Inc. 2021 Employee Stock Purchase Plan (ESPP).
• Following this transaction, the reporting person holds 607 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard, non-discretionary executive participation in an employee benefit plan.

Positives

• Insider participation in the company's Employee Stock Purchase Plan demonstrates alignment between management and shareholder interests.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

No forward-looking guidance provided in this filing.

Management Comments

• The reporting person is voluntarily reporting these shares acquired under the Surrozen, Inc. 2021 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).

Industry Context

StockSavvy.ai notes that routine ESPP acquisitions by executives are standard corporate practice and generally reflect internal confidence in the company's long-term equity value rather than a signal of immediate market sentiment.

Comparison to Industry Standards

• The use of ESPPs is a standard compensation and retention tool across the biotechnology and pharmaceutical sectors.
• The transaction size is consistent with typical executive participation levels in employee stock purchase programs.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine internal equity acquisition.

Next Steps

• None mentioned.

Key Dates

Keywords

Surrozen, SRZN, Insider Trading, Form 4, ESPP, CFO