AtriCure (ATRC) director Regina Groves receives 6,144-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GROVES REGINA E reported acquisition or exercise transactions in this Form 4 filing.
AtriCure, Inc. director Regina E. Groves received a grant of 6,144 shares of Common Stock as a Restricted Stock Award under the AtriCure, Inc. 2023 Stock Incentive Plan. The footnote states these shares will vest on the one-year anniversary of the grant date. After this equity award, Groves directly holds 39,859 shares of AtriCure common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GROVES REGINA E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,144 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 39,859 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted Stock Award: 6,144 shares
Grant price: $0.00 per share
Post-grant holdings: 39,859 shares
+1 more
4 metrics
Restricted Stock Award
6,144 shares
Grant of common stock to director Regina E. Groves
Grant price
$0.00 per share
Compensation-related equity grant, not a market purchase
Post-grant holdings
39,859 shares
Total AtriCure common stock held directly after the award
Vesting period
One year from grant date
Restricted Stock Award vests on one-year anniversary
Key Terms
Restricted Stock Award, AtriCure, Inc. 2023 Stock Incentive Plan, vest, Common Stock
4 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.
AtriCure, Inc. 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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did AtriCure (ATRC) director Regina Groves report on this Form 4?
Regina E. Groves reported receiving 6,144 shares of AtriCure common stock as a Restricted Stock Award. The award is part of her director compensation and increases her direct holdings to 39,859 shares after the grant.
Is the AtriCure (ATRC) insider transaction a market purchase or a compensation grant?
The transaction is a compensation-related grant, not a market purchase. The filing classifies it as a Restricted Stock Award granted at $0.00 per share under the AtriCure, Inc. 2023 Stock Incentive Plan.
What plan governs the Restricted Stock Award reported by AtriCure (ATRC) director Regina Groves?
The Restricted Stock Award was granted under the AtriCure, Inc. 2023 Stock Incentive Plan. This plan provides equity-based compensation, and the footnote notes that the 6,144 shares will vest one year after the grant date.