AtriCure, Inc. (ATRC) CEO makes 4,700-share stock gifts to family, charity
Rhea-AI Filing Summary
Michael H. Carrel, President, CEO, & Director of AtriCure, Inc., reported bona fide gifts of 4,700 shares of common stock on July 30, 2026. These included 700 shares to a parent and 4,000 shares as a charitable gift, with no consideration received. He also reports indirect holdings of 14,310 shares held by his children, 2,950 shares held by a parent, and 1,000 shares held by a sibling, for which he disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,700 shares
Net Sell
5 txns
Insider
CARREL MICHAEL H
Role
President, CEO, & Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 700 | $0.00 | $0.00 |
| Gift | Common Stock F2 | 4,000 | $0.00 | $0.00 |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 774,434 shares (Direct);
Common Stock — 14,310 shares (Indirect, Held by reporting person's children);
Common Stock — 2,950 shares (Indirect, Held by reporting person's parent);
Common Stock — 1,000 shares (Indirect, Held by reporting person's sibling)
Footnotes (3)
- F1. No consideration was received in connection with this gift to the reporting person's parent.
- F2. No consideration was received in connection with this charitable gift.
- F3. The reporting person disclaims beneficial ownership of these securities, except as to his pecuniary interest therein.
Key Figures
Shares gifted (total): 4700 shares
Shares gifted to parent: 700 shares
Charitable gift shares: 4000 shares
+3 more
6 metrics
Shares gifted (total)
4700 shares
Total bona fide gifts of common stock on July 30, 2026
Shares gifted to parent
700 shares
Bona fide gift to reporting person’s parent at 0.0000 per share
Charitable gift shares
4000 shares
Bona fide charitable gift at 0.0000 per share
Indirect holdings – children
14310 shares
Common stock held by reporting person’s children after transactions
Indirect holdings – parent
2950 shares
Common stock held by reporting person’s parent after transactions
Indirect holdings – sibling
1000 shares
Common stock held by reporting person’s sibling after transactions
Key Terms
Bona fide gift, beneficial ownership, pecuniary interest, indirect ownership
4 terms
Bona fide gift financial
"transaction_code_description shows "Bona fide gift" for the share transfers"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial ownership financial
"Footnote states the reporting person disclaims beneficial ownership of these securities"
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
"Footnote notes ownership is disclaimed except as to his pecuniary interest therein"
indirect ownership financial
"Holdings marked as indirect include shares held by children, parent, and sibling"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AtriCure (ATRC) CEO Michael H. Carrel report?
Michael H. Carrel reported bona fide gifts of 4,700 shares of AtriCure common stock on July 30, 2026. The filing lists 700 shares gifted to a parent and 4,000 shares as a charitable gift, all at zero consideration.
Were Michael H. Carrel’s AtriCure (ATRC) gifts made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating the gifts were under a trading plan. The transactions are simply reported as bona fide gifts on the stated date.