Form 4: Surrozen Director Acquires Stock Options

Eric Bjerkholt, a Director at Surrozen, Inc., acquired 5,550 stock options with an exercise price of $30.14.

Summary

• Eric Bjerkholt, a Director of Surrozen, Inc., acquired 5,550 stock options on May 13, 2026.
• The options have an exercise price of $30.14 per share.
• These options vest and become exercisable on the anniversary of the grant date, provided continuous service as a director.
• The options are exercisable from May 13, 2027, and expire on May 12, 2036.
• Following this transaction, Bjerkholt directly beneficially owns 5,550 shares of common stock underlying these options.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard compensation grant to a director rather than a significant new strategic development or financial performance indicator.

Positives

• Director acquisition of stock options can signal confidence in the company's future prospects.
• The grant of options provides potential future equity ownership for a key executive.

Risks

• The value of the acquired options is contingent on the future stock price of Surrozen, Inc. exceeding the exercise price of $30.14.
• Vesting is subject to continuous service as a director, meaning departure from the board would forfeit unvested options.

Future Outlook

The future outlook for the acquired options is dependent on Surrozen, Inc.'s stock performance and the director's continued service.

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's interests with shareholder value creation.

Stakeholder Impact

• Shareholders: The grant of options to a director is a standard compensation practice. Its impact on share price is minimal unless it signals strong future performance or is part of a larger compensation trend.
• Employees: This transaction primarily affects the director and does not directly impact other employees.
• Management: Reinforces the alignment of director compensation with company performance through equity incentives.

Next Steps

• Director Eric Bjerkholt will continue to serve Surrozen, Inc.
• Options will vest and become exercisable according to the schedule.
• Potential exercise of options if the stock price exceeds $30.14.

Key Dates

Keywords

Surrozen Inc., SRZN, Form 4, Stock Options, Director, Beneficial Ownership, Equity Award, SEC Filing