ClearPoint Neuro CBO settles 30,995 RSUs
ClearPoint Neuro, Inc. Chief Business Officer L. Jeremy Stigall settled restricted stock units into common shares as part of scheduled vesting.
Rhea-AI Filing Summary
ClearPoint Neuro, Inc. Chief Business Officer L. Jeremy Stigall settled restricted stock units into common shares as part of scheduled vesting. Each unit converts into one share of common stock, and this transaction reflects the routine exercise or conversion of 30,995 restricted stock units.
In connection with the vesting, 15,151 shares of common stock were delivered back to ClearPoint Neuro at $11.53 per share to satisfy tax withholding obligations, rather than being sold in the open market. After these transactions, Stigall directly holds 108,482 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,995 | $0.00 | $0.00 |
| Exercise | Common Stock | 30,995 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 15,151 | $11.53 | $175K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of ClearPoint Neuro, Inc. ("CLPT") common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
- F2. Represents the amount of shares delivered to CLPT to satisfy applicable tax withholding obligations in connection with the vesting of shares of restricted stock.
FAQ
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What insider transaction did ClearPoint Neuro (CLPT) report for L. Jeremy Stigall?
Did the ClearPoint Neuro (CLPT) insider exercise options or restricted stock units?
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