ClearPoint Neuro (CLPT) COO receives 36,818 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ClearPoint Neuro, Inc. reported that Chief Operating Officer Sabra Mazin acquired 36,818 restricted stock units (RSUs) of company stock as a compensation award. Each RSU represents a contingent right to receive one share of CLPT common stock if vesting conditions are met.
The award vests over three years: 20% of the RSUs on February 17, 2027, 40% on February 17, 2028, and the remaining 40% on February 17, 2029. After this grant, Mazin directly holds 36,818 RSUs, aligning part of her compensation with the company’s future performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SABRA MAZIN
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 36,818 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 36,818 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 Sabra Mazin?
ClearPoint Neuro reported that Chief Operating Officer Sabra Mazin received a grant of 36,818 restricted stock units. These RSUs are a form of equity compensation that convert into common shares over time if vesting conditions are satisfied.
How many restricted stock units did CLPT’s COO receive in this Form 4?
The Form 4 shows that CLPT’s COO, Sabra Mazin, was granted 36,818 restricted stock units. Each RSU corresponds to one share of ClearPoint Neuro common stock, giving her a future equity stake tied to the company’s performance.
What is the vesting schedule for Sabra Mazin’s CLPT restricted stock units?
The RSUs vest in three tranches: 20% of the total on February 17, 2027, 40% on February 17, 2028, and the final 40% on February 17, 2029. Vesting must occur before shares are actually delivered.
Does the CLPT Form 4 indicate a stock purchase or sale by the COO?
The Form 4 reflects an equity award, not an open-market stock purchase or sale. It records a grant of restricted stock units to the COO as part of compensation, categorized as an acquisition under code “A.”
What does each ClearPoint Neuro restricted stock unit represent for the COO?
Each restricted stock unit represents a contingent right to receive one share of CLPT common stock. The shares are only delivered if the specified vesting dates are reached and any applicable conditions are met.