CorMedix (CRMD) grants director 30,453 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CorMedix Inc. director Stewart Robert A reported receiving 30,453 shares of common stock on a restricted basis at a price of $0.00 per share. Following this grant, he beneficially owns 66,453 CorMedix shares directly.
The award consists of restricted stock units issued on January 26, 2026. Each unit converts into one share of common stock and will vest in full on January 26, 2027, provided he continues to serve through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stewart Robert A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,453 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 66,453 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CorMedix Inc. (CRMD) report on this Form 4?
CorMedix reported that director Stewart Robert A received 30,453 restricted stock units of common stock at $0.00 per share. These are equity compensation awards rather than open-market purchases, reflecting stock-based pay instead of a cash transaction.
What are the vesting terms of the CorMedix (CRMD) restricted stock units?
The 30,453 restricted stock units were issued on January 26, 2026 and will vest in full on January 26, 2027. Vesting is conditioned on the director’s continued service with CorMedix through the vesting date.
What type of security was granted to the CorMedix (CRMD) director?
The director received restricted stock units, each representing the right to receive one share of CorMedix common stock. These units were granted on January 26, 2026 and will convert into shares when they fully vest on January 26, 2027.
Is this CorMedix (CRMD) Form 4 transaction a purchase or compensation?
This transaction reflects equity compensation, not a market purchase. The director was granted 30,453 restricted stock units at $0.00 per share, consistent with stock awards typically used to compensate and align directors with shareholder interests over time.