COO of CVRx (NASDAQ: CVRX) receives 23,000 options and 15,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CVRx, Inc. chief operating officer Brent Binkowski reported equity awards on February 27, 2026. He received 23,000 stock options with an exercise price of $0.00 per share and a separate grant of 15,000 shares of common stock, both classified as awards rather than open-market purchases.
The 15,000-share common stock grant consists of restricted stock units that vest in four equal annual installments of 25% on each anniversary of the grant date. The 23,000-stock-option award vests as to 25% of the shares on February 27, 2027, with the remaining shares vesting in equal monthly installments over the following 36 months. After these transactions, Binkowski directly owned 31,600 shares of common stock, according to the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Binkowski Brent
Role
CHIEF OPERATING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 23,000 | $0.00 | -- |
| Grant/Award | Common Stock | 15,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 23,000 shares (Direct);
Common Stock — 31,600 shares (Direct)
Footnotes (1)
- Restricted stock units that vest as to 25% of the shares on each annual anniversary of the grant date. Vests as to 25% of the shares on February 27, 2027 and as to 1/48th of the shares each month thereafter.
FAQ
What equity awards did CVRX COO Brent Binkowski report on this Form 4?
Brent Binkowski reported receiving a 23,000-share stock option grant and 15,000 shares of common stock as equity awards. Both were granted at a $0.00 price per share, indicating compensation grants rather than open-market purchases.
How do Brent Binkowski’s new CVRX restricted stock units vest?
The 15,000 CVRX common shares are structured as restricted stock units that vest as to 25% of the shares on each annual anniversary of the grant date. This creates four equal vesting installments over four years, subject to continued service or applicable conditions.
What is the vesting schedule for Brent Binkowski’s 23,000 CVRX stock options?
The 23,000 CVRX stock options vest as to 25% of the shares on February 27, 2027. The remaining 75% vest in equal monthly installments, 1/48th of the shares per month, over the following 36 months, aligning vesting with ongoing tenure.
Are the new CVRX equity awards to Brent Binkowski subject to continued vesting?
Yes, both awards are subject to time-based vesting. The 15,000 restricted shares vest 25% annually, and the 23,000 options vest 25% after one year then monthly. Actual retention depends on ongoing service and any plan or employment terms.