ClearPoint Neuro (CLPT) COO converts RSUs, delivers shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ClearPoint Neuro, Inc. Chief Operating Officer Sabra Mazin settled previously granted restricted stock units into 13,827 shares of common stock on their scheduled vesting date. To cover tax withholding obligations, 7,036 shares were delivered back to ClearPoint Neuro. Following these compensation-related transactions, Mazin directly holds 54,523 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,827 shares exercised/converted
Mixed
3 txns
Insider
SABRA MAZIN
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,827 | $0.00 | -- |
| Exercise | Common Stock | 13,827 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,036 | $10.00 | $70K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 61,559 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of ClearPoint Neuro, Inc. ("CLPT") common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date. Represents the amount of shares delivered to CLPT to satisfy applicable tax withholding obligations in connection with the vesting of shares of restricted stock.
FAQ
What insider transaction did ClearPoint Neuro (CLPT) report for Sabra Mazin?
ClearPoint Neuro reported that COO Sabra Mazin settled restricted stock units into 13,827 shares of common stock, with a portion of those shares used to satisfy tax withholding obligations as part of routine equity compensation.
Were these ClearPoint Neuro (CLPT) insider transactions open-market trades?
No, the reported activity reflects settlement of restricted stock units and shares delivered for tax withholding. The Form 4 does not show any open-market purchases or sales; it records compensation-related equity vesting and associated tax-share transfers.