Cytosorbents CEO buys 261K CTSO shares
Cytosorbents Corp CEO Phillip P. Chan reported open-market purchases of company common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Cytosorbents Corp CEO Phillip P. Chan reported open-market purchases of company common stock. On June 12, 2026, he bought 251,136 shares at a weighted average price of $0.40 per share. On June 15, 2026, he bought another 10,333 shares at a weighted average price of $0.43 per share.
Following these transactions, Chan directly holds 1,744,432 shares reported as common stock, a figure that includes several grants of restricted stock units that vest upon a Change In Control or over time, plus 1,422,832 shares of currently owned common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,333 | $0.43 | $4K |
| Purchase | Common Stock | 251,136 | $0.40 | $100K |
Footnotes (4)
- F1. The transaction reported on this Form 4 reflects an open market purchase made by the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.3885 to $0.40, inclusive. The Reporting Person undertakes to provide to CytoSorbents Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (4) to this Form 4.
- F2. Includes: (i) the following restricted stock units ("RSUs") that will be settled into shares of Common Stock upon vesting upon a "Change In Control" of the Company as defined in the Amended and Restated CytoSorbents Corporation 2014 Long-Term Incentive Plan (the "Plan"): (a) 10,300 RSUs granted on March 15, 2018, (b) 18,700 RSUs granted on February 24, 2017, (c) 57,000 RSUs granted on June 7, 2016 and (d) 130,000 RSUs granted on April 8, 2015;
- F3. (continued from footnote 2) (iii) 105,600 RSUs granted on August 8, 2025, which shall vest in equal parts at the first and second year anniversaries of the date of grant, subject to the Reporting Person's continued service as of the applicable vesting date, and (iv) 1,422,832 shares of Common Stock owned by the Reporting Person.
- F4. The transaction reported on this Form 4 reflects an open market purchase made by the reporting person. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.4307 to $0.4388, inclusive.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Change In Control financial
Amended and Restated CytoSorbents Corporation 2014 Long-Term Incentive Plan financial
weighted average price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock purchases did Cytosorbents (CTSO) CEO Phillip Chan report?
What are the recent RSU grants reported for the Cytosorbents (CTSO) CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.