CorMedix (CRMD) CEO Joseph Todisco awarded 225,900 RSUs and now holds 697,593 shares
Rhea-AI Filing Summary
CorMedix Inc.’s Chief Executive Officer and director Joseph Todisco reported an equity award and related share transaction. On 01/23/2026, he received 225,900 restricted stock units, each representing one share of common stock, at a price of $0.00.
The restricted stock units vest 1/4 on the grant date and, subject to continued employment, 1/4 on each of the first, second, and third anniversaries of the grant. On the same date, a second transaction labeled code F covered 27,306 shares at $7.27 per share, leaving Todisco with 697,593 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 198,594 shares
Net Buy
2 txns
Insider
Todisco Joseph
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 225,900 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 27,306 | $7.27 | $199K |
Holdings After Transaction:
Common Stock — 697,593 shares (Direct)
Footnotes (1)
- F1. These shares represent restricted stock units granted on 01/23/2026. Each restricted stock unit represents the right to receive one share of CorMedix Inc. common stock. These restricted stock units vest 1/4 on the date of grant, and, subject to continued employment, 1/4 on the first anniversary of the date of grant, 1/4 on the second anniversary of the date of grant and 1/4 on the third anniversary of the date of grant.
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FAQ
What insider transaction did CorMedix Inc. (CRMD) CEO Joseph Todisco report?
Joseph Todisco reported receiving 225,900 restricted stock units on 01/23/2026. Each unit represents one share of CorMedix common stock, with a vesting schedule over four years, alongside a separate transaction involving 27,306 common shares at $7.27 per share.
What is the vesting schedule for Joseph Todisco’s 225,900 CorMedix (CRMD) RSUs?
The 225,900 restricted stock units vest 1/4 on the grant date, then 1/4 on each of the first, second, and third anniversaries. Continued employment is required for the later vesting tranches, tying Todisco’s equity compensation to ongoing service with CorMedix.
What were the transaction codes used in Joseph Todisco’s CorMedix (CRMD) Form 4?
The Form 4 shows transaction code A for the award of 225,900 restricted stock units at $0.00 and code F for a transaction of 27,306 common shares at $7.27. Both transactions occurred on 01/23/2026 and are reported as direct ownership.
Does Joseph Todisco’s CorMedix (CRMD) equity award involve derivative securities?
The filing describes 225,900 restricted stock units, each representing the right to receive one share of common stock. No separate derivative securities, such as options or warrants, are listed in Table II, focusing the disclosure on time-vested stock unit awards.