CEO-related trust at ClearPoint Neuro (CLPT) sells 19,951 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ClearPoint Neuro CEO-related trust reports planned share sale
ClearPoint Neuro, Inc. director and CEO Joseph Burnett reported that a trust for which he serves as trustee sold 19,951 shares of common stock on February 25, 2026 in an open-market transaction at a weighted-average price of $15.17 per share.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 11, 2025. After the sale, the trust-related indirect holding stood at 193,231 shares, while Burnett’s direct ownership was 12,499 shares, reflecting a prior transfer of 934 shares from the trust on February 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19,951 shares ($302,657)
Net Sell
2 txns
Insider
BURNETT JOSEPH
Role
CEO and President
Sold
19,951 shs ($303K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,951 | $15.17 | $303K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 193,231 shares (Indirect, See Footnote);
Common Stock — 12,499 shares (Direct)
Footnotes (1)
- The sale of shares reported on this Form 4 were made pursuant to a written trading plan adopted by the Reporting Person on June 11, 2025 in accordance with Rule 10b5-1. Represents a weighted average sales price per share. The shares were sold at prices ranging from $15.15 to $15.25. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Reflects 934 shares previously owned by the Joseph M. Burnett Trust dated 10/20/2022 (the "Trust") which were transferred to the Reporting Person as direct ownership on February 6, 2026. These shares are owned directly by the Trust and indirectly by Joseph M. Burnett as trustee of the trust.
FAQ
What insider transaction did ClearPoint Neuro (CLPT) disclose in this Form 4?
ClearPoint Neuro reported that a trust associated with CEO Joseph Burnett sold 19,951 common shares on February 25, 2026. The open-market sale was executed at a weighted-average price of $15.17 per share under a pre-arranged Rule 10b5-1 trading plan.
What is Joseph Burnett’s direct ownership in ClearPoint Neuro (CLPT) after the reported transactions?
Following the reported transactions, Joseph Burnett directly owns 12,499 ClearPoint Neuro common shares. This figure includes 934 shares that were previously held by the Joseph M. Burnett Trust and were transferred into his direct ownership on February 6, 2026, as disclosed in the footnotes.
Was the ClearPoint Neuro (CLPT) insider sale part of a pre-arranged 10b5-1 plan?
Yes. The Form 4 states that the 19,951-share sale was conducted under a written trading plan adopted on June 11, 2025, in accordance with Rule 10b5-1. Such plans allow insiders to schedule trades in advance, independent of later material nonpublic information.