CorMedix CLO uses 8.4K shares for award costs
Rhea-AI Filing Summary
CorMedix Inc. (CRMD) reported that Chief Legal Officer Beth Zelnick Kaufman had 8,424 shares of common stock disposed of on 2026-08-29 in a transaction coded "F," representing payment of exercise price or tax liability by delivering or withholding securities. Following this withholding transaction, she directly holds 260,684 shares of CorMedix common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,424 shares
Net Sell
1 txn
Insider
Zelnick Kaufman Beth
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,424 | $8.30 | $70K |
Holdings After Transaction:
Common Stock — 260,684 shares (Direct)
Key Figures
Shares disposed (code F): 8,424 shares of Common Stock
Transaction price per share: $8.30 per share
Shares owned after transaction: 260,684 shares of Common Stock
3 metrics
Shares disposed (code F)
8,424 shares of Common Stock
Payment of exercise price or tax liability by delivering or withholding securities on 2026-08-29
Transaction price per share
$8.30 per share
Applied to 8,424-share code F disposition
Shares owned after transaction
260,684 shares of Common Stock
Direct holdings of Beth Zelnick Kaufman following the 2026-08-29 transaction
Key Terms
Common Stock, Payment of exercise price or tax liability, withholding securities
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Payment of exercise price or tax liability financial
"transaction_code_description: "Payment of exercise price or tax liability""
withholding securities financial
"transaction_code_description: "by delivering or withholding securities""
FAQ
What insider transaction did CRMD report for Beth Zelnick Kaufman?
CorMedix reported that Beth Zelnick Kaufman had 8,424 shares of common stock disposed of on 2026-08-29 in a code "F" transaction, meaning shares were delivered or withheld to pay exercise price or tax liability, leaving her with 260,684 shares directly held.
What does the code "F" mean in the CRMD Form 4 for Beth Zelnick Kaufman?
In this Form 4, transaction code "F" is described as "Payment of exercise price or tax liability by delivering or withholding securities". It indicates shares were used to satisfy costs related to an equity award rather than an open-market sale.
Was the CRMD insider transaction reported as a buy or a sell?
The transaction is categorized as a disposition related to payment of exercise price or tax liability. It is not reported as a traditional market purchase or sale but as shares delivered or withheld to cover equity-award-related costs.
AI-generated analysis. How Rhea-AI works. Not financial advice.