BioCardia (BCDA) SVP awarded 39,521 RSUs fully vesting on June 29, 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GILLIS EDWARD M reported acquisition or exercise transactions in this Form 4 filing.
BioCardia, Inc. reported that Senior Vice President, Devices, Edward M. Gillis received a grant of 39,521 shares of common stock on June 29, 2026. These were issued as restricted stock units awarded as compensation in lieu of cash, at a reference value of $1.20 per share. All of the RSUs vested on June 29, 2026, and his directly held common stock position increased to 71,395 shares after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GILLIS EDWARD M
Role
Senior Vice President, Devices
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39,521 | $1.20 | $47K |
Holdings After Transaction:
Common Stock — 71,395 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 39,521 shares
RSU value per share: $1.20 per share
Total shares after grant: 71,395 shares
+1 more
4 metrics
RSUs granted
39,521 shares
Restricted stock units awarded as compensation in lieu of cash
RSU value per share
$1.20 per share
Reference price for the RSU grant
Total shares after grant
71,395 shares
Directly held BioCardia common stock following the transaction
Vesting date
June 29, 2026
100% of RSUs vested on this date
Key Terms
restricted stock units ("RSUs"), contingent right, compensation in lieu of cash
3 terms
restricted stock units ("RSUs") financial
"The reported securities represent restricted stock units ("RSUs"), each of which represents a contingent right..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"each of which represents a contingent right to receive one share of the Issuer's common stock..."
compensation in lieu of cash financial
"common stock awarded as compensation in lieu of cash. 100% of the RSUs vested..."
FAQ
What insider transaction did BioCardia (BCDA) report for Edward M. Gillis?
BioCardia reported that Senior Vice President, Devices, Edward M. Gillis received 39,521 restricted stock units of common stock as compensation in lieu of cash. All units vested on June 29, 2026, increasing his directly held common stock to 71,395 shares.
Was the BioCardia (BCDA) Form 4 transaction an open-market buy or sell?
The Form 4 transaction was not an open-market buy or sell. It reflects a grant of 39,521 restricted stock units awarded as compensation in lieu of cash, which vested in full on June 29, 2026, and increased the insider’s shareholdings.
What are the key terms of the BioCardia (BCDA) restricted stock units granted?
The restricted stock units each represent a contingent right to receive one share of BioCardia common stock. A total of 39,521 RSUs were granted as compensation in lieu of cash, and 100% of these units vested on June 29, 2026, per the footnote disclosure.
At what price were the BioCardia (BCDA) RSUs valued in the Form 4?
The 39,521 restricted stock units granted to Edward M. Gillis were reported with a reference price of $1.20 per share. This price is used in the Form 4 to indicate the value of the equity-based compensation awarded instead of a cash payment.