Form 4: Tivic Health Systems Director Acquires Stock Options

Sheryle Bolton, a director at Tivic Health Systems, acquired stock options for 3,000 shares on August 9, 2024, according to a Form 4 filing.

Summary

• Sheryle Bolton, a director of Tivic Health Systems, Inc. (TIVC), filed a Form 4 indicating a transaction involving derivative securities.
• On August 9, 2024, Bolton acquired employee stock options representing the right to buy 3,000 shares of common stock at an exercise price of $0.41.
• The options vest in twelve equal monthly installments from the grant date, with full vesting occurring on the first anniversary of the grant date.
• Following the transaction, Bolton directly owns derivative securities for 3,000 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a director's stock option acquisition.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like directors and officers, trade their company's stock. This filing indicates a director's acquisition of stock options, which is a common form of executive compensation.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Stock Options, Tivic Health Systems, Director, Beneficial Ownership, TIVC, Securities