ClearPoint Neuro (CLPT) CEO acquires 1,361 ESPP shares in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ClearPoint Neuro, Inc. CEO and President Joseph Burnett reported routine insider activity involving company common stock. He acquired 1,361 shares of common stock on June 30, 2026 as a grant/award under the company’s Employee Stock Purchase Plan (ESPP) at $11.93 per share. The ESPP purchase covered the period from January 1, 2026 through June 30, 2026, with shares bought at 85% of the lower of the fair market value on the first or last day of that period. Following this ESPP acquisition, Burnett directly owns 118,203 shares of ClearPoint Neuro common stock and indirectly has 191,388 shares held through the Joseph M. Burnett Trust dated October 20, 2022, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BURNETT JOSEPH
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,361 | $11.93 | $16K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 118,203 shares (Direct, null);
Common Stock — 191,388 shares (Indirect, See Footnote)
Footnotes (1)
- The reporting person is voluntarily reporting the acquisition of the Issuer's common stock pursuant to the Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of January 1, 2026 through June 30, 2026. In accordance with the ESPP, these shares were purchased at the lesser of 85% of the fair market value on either the first day or last day of the purchase period. These shares are owned directly by the Joseph M. Burnett Trust dated 10/20/2022 and indirectly by Joseph M. Burnett as trustee of the trust.
Key Figures
ESPP shares acquired: 1,361 shares
ESPP purchase price: $11.93 per share
Direct holdings after transaction: 118,203 shares
+2 more
5 metrics
ESPP shares acquired
1,361 shares
Common Stock grant/award on June 30, 2026
ESPP purchase price
$11.93 per share
Price for 1,361 ESPP shares on June 30, 2026
Direct holdings after transaction
118,203 shares
Common Stock directly owned by Joseph Burnett
Indirect holdings after transaction
191,388 shares
Common Stock held via Joseph M. Burnett Trust
ESPP discount
85% of fair market value
Lesser of first or last day of Jan 1–Jun 30, 2026 period
Key Terms
Employee Stock Purchase Plan, grant/award acquisition, indirectly, fair market value
4 terms
Employee Stock Purchase Plan financial
"acquisition of the Issuer's common stock pursuant to the Employee Stock Purchase Plan ("ESPP")"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
indirectly financial
"owned directly by the Joseph M. Burnett Trust ... and indirectly by Joseph M. Burnett as trustee"
fair market value financial
"purchased at the lesser of 85% of the fair market value on either the first day or last day"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
FAQ
What insider transaction did ClearPoint Neuro (CLPT) report for Joseph Burnett?
ClearPoint Neuro reported that CEO Joseph Burnett acquired 1,361 shares of common stock through a grant under the Employee Stock Purchase Plan. The transaction occurred on June 30, 2026 as part of the ESPP purchase period.
What period did the ClearPoint Neuro (CLPT) ESPP purchase for Joseph Burnett cover?
The ESPP acquisition reported for Joseph Burnett covers the purchase period from January 1, 2026 through June 30, 2026. Shares were acquired at 85% of the fair market value, based on the lesser of the starting or ending date prices.
How is Joseph Burnett’s indirect ownership in ClearPoint Neuro (CLPT) structured?
Joseph Burnett’s indirect holdings consist of 191,388 ClearPoint Neuro shares owned by the Joseph M. Burnett Trust dated October 20, 2022. He is the trustee of this trust, so the Form 4 reports these shares as indirectly owned.
Is Joseph Burnett’s ClearPoint Neuro (CLPT) transaction a market purchase or a plan acquisition?
The 1,361-share acquisition is a plan-related transaction under the Employee Stock Purchase Plan, coded as a grant or award. It reflects participation in the ESPP rather than an open-market purchase or discretionary trade.