Form 4: Surrozen Director Anna Berkenblit Acquires Options

Anna Berkenblit, a director of Surrozen, Inc., acquired options to purchase 1,333 shares of common stock on June 5, 2024.

Summary

• This is a Form 4 filing indicating a change in beneficial ownership for Anna Berkenblit, a director of Surrozen, Inc.
• On June 5, 2024, Berkenblit acquired options to purchase 1,333 shares of Surrozen's common stock at an exercise price of $11.
• The options vest and become exercisable on the anniversary of the grant date, contingent upon continuous service as a director, and expire on June 5, 2034.
• Following the transaction, Berkenblit directly owns options for 1,333 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a director receiving options, which is neither overtly positive nor negative.

Positives

• A director's acquisition of options can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of options, which is a common form of compensation.

Stakeholder Impact

• The acquisition of options by a director could be viewed positively by shareholders as it aligns the director's interests with the company's success.

Key Dates