CorMedix (CRMD) COO receives 93,010 RSUs, sells shares for tax
Rhea-AI Filing Summary
CorMedix Inc. Chief Operating Officer Elizabeth Hurlburt reported equity compensation and a related share sale. On 01/23/2026 she received 93,010 shares of common stock for $0.00 per share as a grant of restricted stock units that convert into common stock.
The restricted stock units vest 1/4 at grant and, subject to continued employment, 1/4 on each of the first, second, and third anniversaries of the grant date. On the same day, 10,778 shares of common stock were disposed of at $7.27 per share, typically reflecting shares withheld or sold to cover taxes, leaving her with 242,533 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 82,232 shares
Net Buy
2 txns
Insider
Hurlburt Elizabeth
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 93,010 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,778 | $7.27 | $78K |
Holdings After Transaction:
Common Stock — 242,533 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CorMedix (CRMD) report for the COO?
CorMedix reported that its COO, Elizabeth Hurlburt, received 93,010 shares of common stock from restricted stock units and disposed of 10,778 shares at $7.27 on January 23, 2026. After these transactions, she directly owned 242,533 CorMedix common shares.
What is the vesting schedule of the COO’s CorMedix (CRMD) restricted stock units?
The restricted stock units granted to the COO on January 23, 2026 vest over four tranches: one-quarter vests on the grant date, and, subject to continued employment, one-quarter vests on each of the first, second, and third anniversaries of the grant date.
What does each CorMedix (CRMD) restricted stock unit granted to the COO represent?
Each restricted stock unit granted to the COO represents the right to receive one share of CorMedix common stock. These units convert into shares as they vest over time, subject to the COO’s continued employment with CorMedix according to the specified vesting schedule.