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CVRx (NASDAQ: CVRX) director adds 600 shares in open-market buy

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CVRx, Inc. director Mudit K. Jain reported an open-market purchase of 600 shares of common stock at a weighted average price of $4.6417 per share on February 18, 2026. Following this transaction, he directly holds 5,650 common shares.

In addition, 933,383 common shares are held indirectly through Treo Ventures I, L.P., where Jain is the general partner and shares voting and dispositive power. He disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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).
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*
Jain Mudit K.

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

(Street)
MINNEAPOLIS MN 55445

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CVRx, Inc. [ CVRX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/18/2026 P 600 A $4.6417(1) 5,650 D
Common Stock 933,383 I See footnote(2)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects the weighted average price of 600 shares of common stock of CVRx, Inc. purchased by the reporting person in multiple transactions on February 18, 2026 with purchase prices ranging from $4.63 to $4.65 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 purchased at each separate price.
2. These shares are held directly by Treo Ventures I, L.P ("Treo"). The Reporting Person is the General Partner of Treo and shares voting and dispositive power over the shares held by Treo. The Reporting Person disclaims beneficial ownership of all applicable shares except to the extent of his actual pecuniary interest in such shares.
/s/ Amy C. Seidel, Attorney-in-Fact 02/18/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did CVRX director Mudit K. Jain report on this Form 4?

Mudit K. Jain reported buying 600 CVRx common shares in an open-market transaction. The weighted average purchase price was $4.6417 per share on February 18, 2026, indicating a relatively small but direct increase in his personal shareholdings in the company.

At what price did Mudit K. Jain purchase CVRX shares in this filing?

The reported weighted average purchase price was $4.6417 per share for 600 CVRx common shares. The filing notes that individual trades occurred between $4.63 and $4.65 per share, and detailed trade-level information is available upon request from appropriate parties.

How many CVRX shares does Mudit K. Jain own directly and indirectly after this transaction?

After the transaction, Jain directly owns 5,650 CVRx common shares. Indirectly, 933,383 shares are held by Treo Ventures I, L.P., where he is general partner and shares voting and dispositive power, though he disclaims beneficial ownership beyond his pecuniary interest.

Who holds the large indirect CVRX share position reported in this Form 4?

The large indirect position is held by Treo Ventures I, L.P. The filing states these shares are owned by Treo, with Mudit K. Jain as general partner sharing voting and dispositive power, while he disclaims beneficial ownership except for his actual economic interest.

What does the Form 4 say about Mudit K. Jain’s beneficial ownership of Treo’s CVRX shares?

Jain disclaims beneficial ownership of Treo’s CVRx shares except to the extent of his pecuniary interest. Although he shares voting and dispositive power as general partner of Treo Ventures I, L.P., the filing clarifies this limitation on his beneficial ownership claim.
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United States
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