Stephen Denaro details indirect Anteris (AVR) share and option holdings
Rhea-AI Filing Summary
Anteris Technologies Global Corp. director Stephen Denaro filed an initial ownership report showing indirect holdings in the company. The filing lists 23,722 CHESS Depositary Interests in Anteris common stock, held through Australian custodial arrangements and trust structures where Denaro is a beneficiary or is deemed to beneficially own the interests.
Denaro is also reported to hold several indirect stock option positions over Anteris common stock. These include options over 40,000 shares at an exercise price of $9.31 expiring on June 13, 2027, 80,500 shares at $17.35 expiring on September 15, 2028, and 50,000 shares at $16.63 expiring on June 19, 2029, each vesting in three annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Denaro Stephen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 170,500 shares (Indirect, See Footnote);
Common Stock — 23,722 shares (Indirect, See Footnote)
Footnotes (7)
- F1. Represents CHESS Depositary Interests ("CDIs") of the Issuer. The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.
- F2. Held by Citicorp Nominees Pty Ltd as custodian for Sloane Pty Ltd who is the Trustee for the Denaro Superannuation Fund, for which Mr. Denaro is a beneficiary.
- F3. Options are issued in AUD. Exercise prices have been translated into USD using the May 11, 2026 exchange rate, which was approximately A$1.00 to $0.72.
- F4. The option vested in three equal annual installments on December 31, 2022, December 31, 2023 and December 31, 2024.
- F5. The option vests in three equal annual installments on September 15, 2024, September 15, 2025 and September 15, 2026, subject to the Reporting Person's continued service.
- F6. The option vests in three equal annual installments on June 19, 2025, June 19, 2026 and June 19, 2027, subject to the Reporting Person's continued service.
- F7. Held by Sloane Pty Ltd as Trustee for the Denaro Family Trust. The Reporting Person serves as the director and sole shareholder of Sloane Pty Ltd, which Mr. Denaro is deemed to beneficially own.
Key Figures
Indirect CDIs: 23,722 CDIs
Option at $9.31: 40,000 shares at $9.31
Option at $17.35: 80,500 shares at $17.35
+2 more
5 metrics
Indirect CDIs
23,722 CDIs
Initial indirect holdings in Anteris common stock
Option at $9.31
40,000 shares at $9.31
Stock option expiring June 13, 2027
Option at $17.35
80,500 shares at $17.35
Stock option expiring September 15, 2028
Option at $16.63
50,000 shares at $16.63
Stock option expiring June 19, 2029
FX rate
A$1.00 ≈ $0.72
Exchange rate used on May 11, 2026 for option prices
Key Terms
CHESS Depositary Interests, Superannuation Fund, Stock Option, exercise price
4 terms
CHESS Depositary Interests financial
"Represents CHESS Depositary Interests ("CDIs") of the Issuer."
CHESS depositary interests are tradable certificates used on the Australian settlement system that represent ownership of underlying foreign shares held by a custodian. They let investors buy and sell foreign-listed stocks on the local exchange as if they were domestic shares, simplifying trading, dividend collection and record-keeping, though they may involve custodian fees and can alter certain direct shareholder rights and tax treatments.
Superannuation Fund financial
"Trustee for the Denaro Superannuation Fund, for which Mr. Denaro is a beneficiary."
Stock Option financial
"Stock Option, underlying security title Common Stock with specified exercise prices."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"Exercise prices have been translated into USD using the May 11, 2026 exchange rate."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Anteris Technologies (AVR) director Stephen Denaro report in this Form 3?
Stephen Denaro reports his initial indirect holdings in Anteris Technologies common stock. The filing lists 23,722 CHESS Depositary Interests and multiple stock option awards over Anteris shares, held through Australian custodial and trust structures where he is a beneficiary or deemed beneficial owner.
How are Stephen Denaro’s Anteris Technologies (AVR) holdings structured?
The holdings are held indirectly through Australian entities. CDIs and shares are held by Citicorp Nominees and Sloane Pty Ltd as trustee for the Denaro Superannuation Fund and Denaro Family Trust, where Denaro is a beneficiary or directs Sloane Pty Ltd and is deemed to beneficially own the interests.
What currency and exchange rate apply to Stephen Denaro’s Anteris Technologies (AVR) stock options?
The options were issued in Australian dollars, but the filing presents exercise prices in U.S. dollars. These prices were translated using the May 11, 2026 exchange rate, where A$1.00 was approximately equal to $0.72, to provide comparable U.S. dollar figures.