CVRx director granted stock and options
CVRx, Inc. director Mitch C. Hill received equity compensation in the form of common shares and stock options.
Rhea-AI Filing Summary
CVRx, Inc. director Mitch C. Hill received equity compensation in the form of common shares and stock options. He was granted 8,720 shares of Common Stock at no cost, leaving him with 8,720 common shares held directly after the award. He also received a stock option for 11,182 shares of Common Stock at an exercise price of $5.43 per share, expiring on June 1, 2036. According to the footnote, this award vests on the earlier of June 1, 2027 or the company’s 2027 annual meeting of stockholders, indicating a long-term, service-based incentive rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 19,902 shares
Grant/Award
2 txns
Insider
Hill, Mitch C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 11,182 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 8,720 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 11,182 contracts (Direct);
Common Stock — 8,720 shares (Direct)
Footnotes (1)
- F1. Vests on the earlier of June 1, 2027 or the Issuer's 2027 annual meeting of stockholders.
Key Figures
Common shares granted: 8,720 shares
Common shares held after grant: 8,720 shares
Option shares granted: 11,182 shares
+3 more
6 metrics
Common shares granted
8,720 shares
Equity grant of Common Stock to director on June 1, 2026
Common shares held after grant
8,720 shares
Total directly held Common Stock following the transaction
Option shares granted
11,182 shares
Stock Option (right to buy) granted on June 1, 2026
Option exercise price
$5.43 per share
Conversion or exercise price of stock option
Option expiration
June 1, 2036
Expiration date of stock option grant
Vesting date trigger
Earlier of June 1, 2027 or 2027 annual meeting
Vesting condition for the equity award
Key Terms
Stock Option (right to buy), Grant, award, or other acquisition, exercise price, expiration date, +1 more
5 terms
Stock Option (right to buy) financial
"Stock Option (right to buy) with underlying security of Common Stock"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
exercise price financial
"conversion_or_exercise_price of 5.4300 per share for the option"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date of 2036-06-01T00:00:00.000Z for the stock option"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
annual meeting of stockholders financial
"Vests on the earlier of June 1, 2027 or the Issuer's 2027 annual meeting of stockholders."
FAQ
What did CVRX director Mitch C. Hill receive in this Form 4 filing?
Mitch C. Hill received equity compensation consisting of 8,720 shares of CVRx common stock and a stock option for 11,182 shares. Both awards were reported as grants, not open-market transactions, and are held directly in his name.
What are the key terms of Mitch C. Hill’s CVRX stock option grant?
He received a stock option covering 11,182 shares of CVRx common stock at an exercise price of $5.43 per share. The option expires on June 1, 2036, providing a long-term potential ownership opportunity if exercised in the future.
When do Mitch C. Hill’s CVRX equity awards vest?
The equity award vests on the earlier of June 1, 2027 or CVRx’s 2027 annual meeting of stockholders. This vesting schedule links the compensation to continued board service over multiple years rather than immediate ownership.
Are Mitch C. Hill’s CVRX transactions open-market buys or sells?
No, both reported transactions are grants classified as "Grant, award, or other acquisition" under code A. They represent compensation awards of common stock and options, not open-market purchases or sales of CVRx shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
