ClearPoint Neuro (CLPT) CBO granted 51,546 RSUs in multi-year vesting award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STIGALL L. JEREMY reported acquisition or exercise transactions in this Form 4 filing.
ClearPoint Neuro, Inc. Chief Business Officer L. Jeremy Stigall received a grant of 51,546 restricted stock units of ClearPoint Neuro common stock. Each unit represents the right to receive one share of CLPT common stock at vesting. The award vests over three years: 20% of the units on February 17, 2027, 40% on February 17, 2028, and the remaining 40% on February 17, 2029, aligning a substantial portion of his compensation with the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STIGALL L. JEREMY
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 51,546 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 51,546 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of CLPT common stock. The restricted stock units vest as follows: (i) 20% of the total shares on February 17, 2027; (ii) 40% of the total shares on February 17, 2028; and (iii) 40% of the total shares on February 17, 2029.
FAQ
What insider transaction did ClearPoint Neuro (CLPT) report for L. Jeremy Stigall?
ClearPoint Neuro reported that Chief Business Officer L. Jeremy Stigall was granted 51,546 restricted stock units. These units represent a right to receive an equal number of CLPT common shares, providing equity-based compensation tied to ClearPoint Neuro’s future performance and tenure.
How many restricted stock units were granted to the ClearPoint Neuro (CLPT) Chief Business Officer?
The Chief Business Officer received 51,546 restricted stock units of ClearPoint Neuro common stock. This entire amount reflects a single equity award, giving him the potential to receive 51,546 CLPT shares if vesting requirements are fully satisfied over time.
When do L. Jeremy Stigall’s ClearPoint Neuro (CLPT) restricted stock units vest?
The restricted stock units vest in three tranches: 20% on February 17, 2027, 40% on February 17, 2028, and 40% on February 17, 2029. This multi-year schedule encourages long-term alignment between the executive and ClearPoint Neuro shareholders.
What does each ClearPoint Neuro (CLPT) restricted stock unit granted to L. Jeremy Stigall represent?
Each restricted stock unit represents a contingent right to receive one share of ClearPoint Neuro common stock. The units convert into actual CLPT shares only as they vest over time, subject to the specified vesting dates and applicable continued service requirements.
Is L. Jeremy Stigall’s ClearPoint Neuro (CLPT) restricted stock unit grant a purchase or an award?
The transaction is an award of 51,546 restricted stock units, not an open-market purchase. It is coded as a grant or other acquisition, indicating compensation-based equity granted at no cash cost per unit to the executive at the grant date.
How many ClearPoint Neuro (CLPT) derivative securities does L. Jeremy Stigall hold after this RSU grant?
Following this grant, L. Jeremy Stigall beneficially holds 51,546 restricted stock units as a derivative security position. These units are subject to the outlined vesting schedule before they can settle into ClearPoint Neuro common shares, assuming vesting conditions are met.