Form 4: Surrozen Director Acquires Stock Options
Statement of Changes in Beneficial Ownership
David J. Woodhouse, a Director at Surrozen, Inc., acquired 5,550 stock options on May 13, 2026, with an exercise price of $30.14.
Summary
- David J. Woodhouse, a Director of Surrozen, Inc., acquired 5,550 stock options on May 13, 2026.
- These options have an exercise price of $30.14 and are exercisable starting May 13, 2027, with an expiration date of May 12, 2036.
- The options vest and become exercisable on the anniversary of the grant date, contingent upon continuous service as a director.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard grant of stock options to a director, which is a common practice and does not inherently signal positive or negative performance.
Positives
- Director acquisition of stock options can signal confidence in the company's future prospects.
- The acquisition of 5,550 options by a director indicates a commitment to the company's performance.
Risks
- The options are subject to vesting based on continuous service as a director, meaning continued employment is a condition for exercise.
- The exercise price of $30.14 implies that the stock price needs to exceed this level for the options to be profitable.
Future Outlook
The options are exercisable from May 13, 2027, to May 12, 2036, with vesting contingent on continued service as a director.
Industry Context
StockSavvy.ai notes that director grants of stock options are a common form of executive compensation in the biotechnology and pharmaceutical sectors, aligning management interests with shareholder value.
Stakeholder Impact
- Shareholders: The grant of options to a director can dilute ownership if exercised, but also aligns director incentives with stock performance.
- Employees: This filing does not directly impact employees, but reflects standard compensation practices for senior leadership.
- Management: The options provide a potential financial incentive for continued service and performance.
Next Steps
- David J. Woodhouse will continue to serve as a director, subject to vesting conditions.
- The stock options can be exercised between May 13, 2027, and May 12, 2036, if the stock price is favorable.
Key Dates
| Date | Description |
|---|---|
| 05/13/2026 | Earliest transaction date and date of stock option acquisition. |
| 05/13/2027 | Date options become exercisable. |
| 05/12/2036 | Expiration date of the stock options. |
| 05/14/2026 | Date of signature for the filing. |
Keywords
Surrozen Inc., SRZN, Form 4, Stock Options, Director, Beneficial Ownership, SEC Filing, Securities Exchange Act
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