Director Nachman Shlomo receives 6,144 AtriCure (ATRC) restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nachman Shlomo reported acquisition or exercise transactions in this Form 4 filing.
AtriCure director Nachman Shlomo received a grant of 6,144 shares of AtriCure, Inc. common stock as a Restricted Stock Award under the company’s 2023 Stock Incentive Plan. The award was granted at no cash cost and will fully vest on the one-year anniversary of the grant date. Following this equity grant, Shlomo directly owns 24,655 shares of AtriCure common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nachman Shlomo
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,144 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,655 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 6,144 shares
Grant price: $0.0000 per share
Post-grant holdings: 24,655 shares
+1 more
4 metrics
Restricted stock grant
6,144 shares
Restricted Stock Award of common stock
Grant price
$0.0000 per share
Equity compensation, not open-market purchase
Post-grant holdings
24,655 shares
Total common shares directly owned after grant
Vesting schedule
One-year cliff vesting
Shares vest on one-year anniversary of grant date
Key Terms
Restricted Stock Award, 2023 Stock Incentive Plan, vest
3 terms
Restricted Stock Award financial
"The Reporting Person acquired these shares pursuant to a Restricted Stock Award under the AtriCure, Inc. 2023 Stock Incentive Plan."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
2023 Stock Incentive Plan financial
"pursuant to a Restricted Stock Award under the AtriCure, Inc. 2023 Stock Incentive Plan."
vest financial
"The shares will vest upon the one-year anniversary of the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Nachman Shlomo report for AtriCure (ATRC)?
Nachman Shlomo reported receiving 6,144 shares of AtriCure common stock as a Restricted Stock Award. This was a compensation-related equity grant rather than an open-market purchase or sale, and it increased his directly held share count.
Under which plan did AtriCure (ATRC) grant Nachman Shlomo his restricted stock award?
The award was granted under the AtriCure, Inc. 2023 Stock Incentive Plan. This plan governs equity-based compensation such as Restricted Stock Awards, including vesting schedules and other conditions applicable to the granted common shares.