Form 4: Surrozen Exec. VP Yang Li Reports Stock Purchase Under Employee Stock Purchase Plan

Yang Li, Executive Vice President of Research at Surrozen, Inc., reports the acquisition of 400 shares of common stock under the company's Employee Stock Purchase Plan.

Summary

• On June 14, 2024, Yang Li, the Executive Vice President of Research at Surrozen, Inc., acquired 400 shares of common stock.
• The shares were purchased at a price of $5.67 per share under the Surrozen, Inc. 2021 Employee Stock Purchase Plan.
• Following this transaction, Yang Li directly owns 10,888 shares of Surrozen, Inc. common stock.
• This transaction was voluntarily reported and is exempt under Rule 16b-3(d) and Rule 16b-3(c).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, it's a small amount under an existing plan.

Positives

• The purchase of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding insider transactions.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to insider buying.

Key Dates