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ClearPoint Neuro (CLPT) director exercises options and withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ClearPoint Neuro, Inc. director Timothy T. Richards exercised stock options and had shares withheld to cover taxes. He exercised options for 500 shares of Common Stock at $10.00 per share and 376 shares were disposed of at $13.30 per share for tax-withholding. Following these transactions, he directly owned 87,322 Common Stock shares, and the exercised option grant was fully used.

Positive

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Negative

  • None.
Insider Richards Timothy T.
Role null
Type Security Shares Price Value
Exercise Stock Options (right to buy) 500 $10.00 $5K
Exercise Common Stock 500 $10.00 $5K
Tax Withholding Common Stock 376 $13.30 $5K
Holdings After Transaction: Stock Options (right to buy) — 0 shares (Direct, null); Common Stock — 87,698 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Option exercise shares 500 shares Stock options exercised for Common Stock at $10.00 per share on June 4, 2026
Option exercise price $10.00/share Exercise or conversion price for 500-share stock option
Tax-withholding shares 376 shares Common Stock disposed of at $13.30 per share for tax withholding
Tax-withholding price $13.30/share Price per share for 376-share tax-withholding disposition
Post-transaction holdings 87,322 shares Total Common Stock directly owned after the tax-withholding transaction
Option expiration date June 8, 2026 Expiration date of exercised stock option (right to buy)
tax-withholding disposition financial
"376.0000 shares at $13.3000 per share were a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action is described as derivative exercise/conversion of security"
Stock Options (right to buy) financial
"security_title is listed as Stock Options (right to buy)"
stock split financial
"option terms were adjusted to reflect the stock split on July 27, 2016"
A stock split increases the number of a company's shares by dividing each existing share into multiple new shares while reducing the price per share by the same proportion, so an investor's total value and ownership percentage stay the same. It matters because lower per-share prices can make trading easier and attract more buyers, similar to breaking a large chocolate bar into smaller pieces to make it easier to share, which can boost liquidity and market interest.
derivative security financial
"transaction_code_description notes an exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Richards Timothy T.
(Last)(First)(Middle)
C/O CLEARPOINT NEURO, INC.
120 S. SIERRA AVE., SUITE 100
(Street)
SOLANA BEACH CALIFORNIA 92075
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
ClearPoint Neuro, Inc. [ CLPT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/04/2026M500A$1087,698D
Common Stock06/04/2026F376D$13.387,322D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (right to buy)$1006/04/2026M500(1)06/08/201706/08/2026Common Stock500(1)$100D
Explanation of Responses:
1. This option was previously reported as covering 20,000 shares at an exercise price of $0.25 per share, but was adjusted to reflect the stock split that occurred on July 27, 2016.
/s/ Danilo D'Alessandro, by Power of Attorney for Timothy T. Richards06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did ClearPoint Neuro (CLPT) director Timothy T. Richards report?

Timothy T. Richards reported an option exercise and related tax withholding. He exercised options for 500 Common Stock shares at $10.00 per share, and 376 shares were disposed of at $13.30 per share to satisfy tax obligations tied to the transaction.

Did Timothy T. Richards buy or sell ClearPoint Neuro (CLPT) shares on the open market?

The reported transactions were not open-market buys or sells. They reflect a derivative option exercise for 500 shares at $10.00 and a tax-withholding disposition of 376 shares at $13.30, which is a mechanistic step to cover tax liabilities, not a discretionary trade.

How many ClearPoint Neuro (CLPT) shares does Timothy T. Richards hold after this Form 4?

After the reported transactions, Richards directly owns 87,322 Common Stock shares. This share count reflects his position following both the 500-share option exercise and the 376-share tax-withholding disposition recorded on June 4, 2026.

What stock option did Timothy T. Richards exercise in ClearPoint Neuro (CLPT)?

Richards exercised a stock option covering 500 Common Stock shares at $10.00 per share. The option, originally granted before a stock split, had its terms adjusted for a July 27, 2016 split and reached its expiration date of June 8, 2026.

What does the tax-withholding disposition mean in the ClearPoint Neuro (CLPT) Form 4?

The tax-withholding disposition represents shares withheld to pay taxes. Specifically, 376 Common Stock shares were disposed of at $13.30 per share as part of paying exercise-related tax liabilities, a routine mechanism rather than a voluntary open-market sale.