STOCK TITAN

CVRx (CVRX) COO executes 1,309-share sell-to-cover under Rule 10b5-1 plan

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CVRx, Inc. chief operating officer Brent Binkowski reported a mandated sale of 1,309 shares of common stock on August 12, 2026. The shares were sold in a sell-to-cover transaction to satisfy tax withholding obligations at a weighted average price of $2.5502 per share, with individual prices between $2.55 and $2.564. Following this transaction, Binkowski directly holds 30,291 shares of CVRx common stock. The transaction is affirmed as made under a Rule 10b5-1 trading plan.

Positive

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Negative

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Insider Binkowski Brent
Role CHIEF OPERATING OFFICER
Sold 1,309 shs ($3K)
Type Security Shares Price Value
Sale Common Stock F1, F2 1,309 $2.5502 $3K
Holdings After Transaction: Common Stock — 30,291 shares (Direct)
Footnotes (2)
  1. F1. The sale was mandated by the issuer's award agreement to satisfy tax withholding obligations by a sell-to-cover transaction.
  2. F2. Reflects the weighted average price of 1,309 shares of common stock of CVRx, Inc. sold by the reporting person in multiple transactions on August 12, 2026 with sale prices ranging from $2.55 to $2.564 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Shares sold 1,309 shares Common stock sold on August 12, 2026 in a sell-to-cover transaction
Weighted average sale price $2.5502 per share Weighted average price for 1,309 shares sold on August 12, 2026
Sale price range $2.55–$2.564 per share Range of individual sale prices for the 1,309 shares
Shares held after transaction 30,291 shares Direct holdings of Brent Binkowski following the August 12, 2026 sale
sell-to-cover transaction financial
"The sale was mandated ... to satisfy tax withholding obligations by a sell-to-cover transaction."
A sell-to-cover transaction is when a person granted company stock (for example as part of compensation or option exercise) immediately sells enough of those shares to pay required taxes or exercise costs and keeps the rest. Think of it like cashing part of a bonus to cover the tax bill; it provides necessary cash without the holder needing outside funds. Investors watch these sales because they increase trading volume and slightly reduce insider holdings, but they often reflect routine tax or cost management rather than a judgment on the company’s prospects.
tax withholding obligations financial
"mandated by the issuer's award agreement to satisfy tax withholding obligations by a sell-to-cover"
Rule 10b5-1 trading plan regulatory
"The transaction is affirmed as made under a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

What insider transaction did CVRX chief operating officer Brent Binkowski report?

Brent Binkowski reported selling 1,309 shares of CVRx common stock on August 12, 2026. The sale was a sell-to-cover transaction mandated to satisfy tax withholding obligations, not a discretionary open-market sale.

At what price were the 1,309 CVRX shares sold by the COO?

The 1,309 CVRx shares were sold at a weighted average price of $2.5502 per share. Individual trade prices on August 12, 2026 ranged from $2.55 to $2.564 per share, according to the Form 4 footnote.

How many CVRX shares does Brent Binkowski hold after this Form 4 transaction?

After the reported sale, Brent Binkowski directly holds 30,291 shares of CVRx common stock. This figure reflects his position following the 1,309-share sell-to-cover transaction disclosed for August 12, 2026.

Was the CVRX COO’s August 12, 2026 stock sale under a Rule 10b5-1 plan?

Yes. The Form 4 for CVRx indicates the transaction was made under a Rule 10b5-1 trading plan. Such plans provide for pre-arranged trading, which can reduce the informational value of the transaction’s timing for outside observers.

Why did the CVRX COO sell 1,309 shares according to the Form 4?

The Form 4 states the sale was mandated by the issuer's award agreement to satisfy tax withholding obligations. It was executed as a sell-to-cover transaction, meaning shares were sold specifically to cover those taxes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Binkowski Brent

(Last)(First)(Middle)
9201 WEST BROADWAY AVENUE
SUITE 650

(Street)
MINNEAPOLIS MINNESOTA 55445

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CVRx, Inc. [ CVRX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF OPERATING OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/12/2026S(1)1,309D$2.5502(2)30,291D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sale was mandated by the issuer's award agreement to satisfy tax withholding obligations by a sell-to-cover transaction.
2. Reflects the weighted average price of 1,309 shares of common stock of CVRx, Inc. sold by the reporting person in multiple transactions on August 12, 2026 with sale prices ranging from $2.55 to $2.564 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
/s/ Amy C. Seidel, Attorney-in-Fact08/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)