Form 4: Surrozen Director Shao-Lee Lin Acquires Options
SEC Form 4 Filing
Director Shao-Lee Lin reports acquisition of options in Surrozen, Inc.
Summary
- On May 14, 2025, Shao-Lee Lin, a director of Surrozen, Inc., acquired 1,333 options to purchase common stock.
- The exercise price of these options is $6.50.
- The options vest annually from May 14, 2026, and expire on May 14, 2035.
- Following the transaction, Lin directly owns 1,333 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The acquisition of options by a director could be seen as a positive signal by shareholders, indicating confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of earliest transaction: acquisition of options. |
| 05/14/2025 | Grant date of the options. |
| 05/14/2026 | Options vest and become exercisable, subject to continuous service as a director. |
| 05/14/2035 | Expiration date of the options. |
| 05/15/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Surrozen, Options, Director, Acquisition, SRZN, Shao-Lee Lin
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