AtriCure (ATRC) CEO adds 636 shares through 2018 Employee Stock Purchase Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AtriCure, Inc. President and CEO Michael H. Carrel reported a new share acquisition through an employee purchase program. On June 30, 2026, he acquired 636 shares of common stock directly at an effective price of $23.78 per share under AtriCure’s 2018 Employee Stock Purchase Plan.
These shares were purchased at 85% of the $27.98 closing price on June 30, 2026, as provided by the plan. After this transaction, Carrel directly holds 779,134 common shares. Additional indirect holdings are reported as shares held by his sibling, parents, and children, for which he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
CARREL MICHAEL H
Role
President, CEO, & Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 636 | $23.78 | $15K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 779,134 shares (Direct, null);
Common Stock — 14,310 shares (Indirect, Held by reporting person's children)
Footnotes (1)
- Shares acquired pursuant to the AtriCure, Inc. 2018 Employee Stock Purchase Plan for the period ended June 30, 2026. In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's common stock on June 30, 2026, which is the last trading day of the applicable offering period. The closing price on June 30, 2026, was $27.98. The reporting person disclaims beneficial ownership of these securities, except as to his pecuniary interest therein.
Key Figures
ESPP shares acquired: 636 shares
Effective ESPP purchase price: $23.78 per share
Closing price reference: $27.98 per share
+5 more
8 metrics
ESPP shares acquired
636 shares
Common stock acquired on June 30, 2026 under 2018 ESPP
Effective ESPP purchase price
$23.78 per share
Price for 636 shares acquired June 30, 2026
Closing price reference
$27.98 per share
AtriCure common stock closing price on June 30, 2026
Discount rate
85%
ESPP purchase percentage of June 30, 2026 closing price
Direct shares after transaction
779,134 shares
Common stock directly held by Michael Carrel after ESPP acquisition
Indirect sibling-held shares
1,000 shares
Common stock held by reporting person’s sibling
Indirect parents-held shares
2,250 shares
Common stock held by reporting person’s parents
Indirect children-held shares
14,310 shares
Common stock held by reporting person’s children
Key Terms
2018 Employee Stock Purchase Plan, beneficial ownership, pecuniary interest, grant, award, or other acquisition
4 terms
2018 Employee Stock Purchase Plan financial
"Shares acquired pursuant to the AtriCure, Inc. 2018 Employee Stock Purchase Plan for the period ended June 30, 2026."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities, except as to his pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"The reporting person disclaims beneficial ownership of these securities, except as to his pecuniary interest therein."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did AtriCure (ATRC) CEO Michael Carrel report in this Form 4?
Michael Carrel reported acquiring 636 shares of AtriCure common stock through the company’s 2018 Employee Stock Purchase Plan. This routine purchase increased his directly held shares to 779,134, reflecting ongoing participation in AtriCure’s employee equity programs.
What is the role of the AtriCure 2018 Employee Stock Purchase Plan in this Form 4?
The 2018 Employee Stock Purchase Plan enabled Michael Carrel to acquire 636 shares for the period ended June 30, 2026. The plan allows purchases at 85% of the closing stock price on the last trading day of the offering period.
Is this AtriCure (ATRC) Form 4 an open-market stock purchase?
No. The 636-share acquisition is reported with code A as a grant, award, or other acquisition under an Employee Stock Purchase Plan, not as an open-market trade. Pricing is set by the ESPP formula tied to the June 30, 2026 closing price.