AtriCure COO granted stock awards, withholds shares
AtriCure, Inc. Chief Operating Officer Douglas J. Seith reported equity compensation and related tax withholding in company stock.
Rhea-AI Filing Summary
AtriCure, Inc. Chief Operating Officer Douglas J. Seith reported equity compensation and related tax withholding in company stock. On March 1, 2026, he received 42,386 shares of common stock as a restricted stock award that vests in three equal annual installments. He also acquired 25,532 shares through the vesting and release of a performance share award after company performance goals and service requirements were met. To cover tax obligations from these vestings, he transferred 22,948 shares back to the company at $31.26 per share. Following these transactions, he directly owned 229,340 shares of AtriCure common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42,386 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 25,532 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 22,948 | $31.26 | $717K |
Footnotes (3)
- F1. The Reporting Person acquired these shares pursuant to a Restricted Stock Award under the AtriCure, Inc. 2023 Stock Incentive Plan. One third of the shares will vest annually upon the respective one, two, and three year anniversaries of the date of grant.
- F2. The Reporting Person acquired these shares pursuant to the vesting and release of a Performance Share Award under the AtriCure, Inc. 2023 Stock Incentive Plan. The award had Company performance goals and a service period requirement which were met.
- F3. The Reporting Person has elected to transfer these shares to the Company to satisfy the tax withholding obligation incurred upon the vesting and release of shares previously acquired pursuant to a Restricted Stock Award or Performance Share Award.
FAQ
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What did AtriCure (ATRC) disclose about Douglas Seith’s recent stock transactions?
What vesting terms apply to Douglas Seith’s new AtriCure restricted stock award?
Were Douglas Seith’s AtriCure (ATRC) transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.