SRZN.NASDAQSurrozen, Inc/de

Form 4: Surrozen Director Eric Bjerkholt Reports Option Grant

Sentiment:

SEC Form 4


Director Eric Bjerkholt reports the acquisition of options to purchase 1,333 shares of Surrozen, Inc. common stock.

Summary

  • Eric Bjerkholt, a director of Surrozen, Inc., filed a Form 4 on May 15, 2025.
  • The report details the grant of options to Bjerkholt on May 14, 2025.
  • Bjerkholt acquired options to purchase 1,333 shares of common stock at an exercise price of $6.50.
  • The options vest annually beginning May 14, 2026, subject to continuous service as a director, and expire on May 14, 2035.
  • Following the transaction, Bjerkholt directly owns options for 1,333 shares of Surrozen common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating confidence in the company's future. It's a neutral to slightly positive event.

Positives

  • The option grant aligns the director's interests with those of the shareholders.

Future Outlook

The options vest over time, incentivizing the director to contribute to the company's long-term success.

Industry Context

Option grants are a common form of executive compensation in the biotechnology industry, aligning management's interests with shareholder value creation.

Stakeholder Impact

  • The option grant aligns the director's interests with those of the shareholders, potentially leading to better decision-making.

Key Dates

DateDescription
05/14/2025Date of transaction (option grant)
05/14/2026First vesting date of the options
05/14/2035Expiration date of the options
05/15/2025Date Form 4 was filed

Keywords

Form 4, Surrozen, Director, Option Grant, Beneficial Ownership, SRZN, Equity Securities

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