Cormedix SEC Filings

CorMedix Inc. is soliciting votes at a virtual special meeting to approve three proposals: removal of an exchange cap, an amendment to its 2022 Stock Incentive Plan to increase authorized shares from 8,160,000 to 12,472,000, and an adjournment proposal. The amendment would make the additional shares available for a variety of equity awards including incentive stock options, SARs, restricted stock and RSUs to attract and retain employees, consultants and directors. The proxy discloses potential contingent consideration tied to a prior transaction including up to $25,000,000 in milestone payments payable in cash, stock or warrants and references Merger Warrants and Notes. The company reported the Nasdaq closing price of its common stock as $12.75 on September 8, 2025. The materials explain voting mechanics, broker non-vote treatment, beneficial ownership disclosure for certain holders and deadlines for 2026 stockholder proposals.

CorMedix Inc. insider Beth Zelnick Kaufman reported multiple transactions on 09/09/2025. She acquired 50,000 shares by exercising options at an exercise price of $3.30 (options originally granted 12/12/2023, vesting over four years). On the same date she disposed of 49,600 shares at a weighted average price of $13.41 and 400 shares at $12.82. Following these trades her beneficial ownership is reported as 180,418 shares.

Elizabeth Hurlburt, Chief Operating Officer of CorMedix Inc. (CRMD), reported option exercises and subsequent open-market sales in September 2025. On 09/09/2025 she exercised 12,876 stock options at an exercise price of $1.45 and sold 12,876 shares at a weighted average price of $13.51. On 09/11/2025 she exercised 41,121 options at $1.45 and sold 41,121 shares at a weighted average price of $13.08. Following these transactions her beneficial ownership is reported as 176,990 shares. The exercised options were originally granted 03/19/2018 with scheduled vesting and milestone-based vesting for remaining amounts.

CorMedix Inc. (CRMD) submitted a Form 144 notice reporting a proposed sale of 50,000 common shares through Merrill Lynch on NASDAQ with an approximate aggregate market value of $673,000. The filing lists total shares outstanding as 74,648,992 and shows the securities were acquired under Stock Plan Activity on 09/09/2025, with the intended sale date also 09/09/2025. The filer indicates there were no securities sold in the past three months by the reporting person. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.

CorMedix Inc. filed a Form 144 reporting a proposed sale of 53,997 common shares through Merrill Lynch on 09/09/2025. The filing lists an aggregate market value of $728,959.00 and indicates 74,648,992 shares outstanding for the issuer. The shares were acquired the same day (09/09/2025) under a stock plan activity from the issuer, with payment recorded as n/a. No securities were reported sold by the filer in the prior three months. The notice includes the standard statement that the seller does not possess undisclosed material adverse information and warns that false statements are criminally punishable.

CorMedix insider amendment reports a tax-withholding share disposition by Elizabeth Hurlburt, the company's Chief Operating Officer and a director. The filing shows 8,424 shares of common stock were withheld by the issuer at an effective price of $14.83 to satisfy the reporting person's tax liability, reducing her direct beneficial ownership to 176,990 shares. The Form 4/A amends an earlier filing to disclose this withheld amount. The disclosure is a mechanical equity withholding for taxes rather than an open-market sale and does not report derivative transactions.

Beth Zelnick Kaufman, Chief Legal Officer and Director of CorMedix Inc. (CRMD), reported a non-derivative disposition of 8,880 shares of common stock executed on 08/29/2025 at a price of $14.83 per share. The transaction reflects the issuer withholding 8,880 shares to satisfy the reporting person's tax withholding obligation, which was omitted from an earlier filing and is corrected here. After the withheld shares, the reporting person beneficially owns 180,418 shares. The amendment clarifies the nature of the disposition and updates the ownership total.

Elizabeth Hurlburt, Chief Operating Officer of CorMedix Inc. (CRMD), was granted 69,686 restricted stock units on 08/29/2025. Each unit represents one share and the grant price is listed as $0. The RSUs vested one-quarter on the grant date and vest in three additional equal annual installments, subject to continued employment. Following the reported transaction, Ms. Hurlburt beneficially owned 185,414 shares. The Form 4 was signed by Ms. Hurlburt on 09/03/2025.

CorMedix Inc. (CRMD) Chief Legal Officer Beth Zelnick Kaufman received a grant of 69,686 restricted stock units on 08/29/2025, reported on Form 4. Each unit converts to one share and was granted at no cash price ($0). Following the grant, Ms. Zelnick Kaufman beneficially owned 189,298 shares. The restricted stock units vested 1/4 immediately on the grant date and the remainder in three equal annual installments on each anniversary, subject to continued employment. The Form 4 was signed and dated 09/03/2025.