CorMedix CEO awarded 77,156 performance shares
CorMedix Inc. reported an equity award to its Chief Executive Officer and director Joseph Todisco.
Rhea-AI Filing Summary
CorMedix Inc. reported an equity award to its Chief Executive Officer and director Joseph Todisco. On February 4, 2026, he acquired 77,156 shares of common stock at $0.00 per share, following the achievement of performance stock units for the first of three performance periods granted on January 2, 2025.
After this transaction, Todisco beneficially owned 774,749 shares of CorMedix common stock, held directly. The performance stock units remain subject to time-based vesting conditions that must be satisfied by the reporting person before full vesting.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 77,156 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the achievement of performance stock units ("PSUs") upon the determination of the Compensation Committee of the Issuer that the performance conditions specific to the first of three performance periods were met with respect to the PSUs granted to the Reporting Person on January 2, 2025. The PSUs are subject to vesting upon satisfaction of time-based vesting conditions by the Reporting Person.
FAQ
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What insider transaction did CorMedix (CRMD) report for its CEO?
Are the CorMedix (CRMD) CEO’s performance stock units fully vested?
What roles does Joseph Todisco hold at CorMedix (CRMD)?
AI-generated analysis. How Rhea-AI works. Not financial advice.