EBR Systems director exercises options for 30,000 shares
EBR Systems, Inc. director Bronwyn Evans reported two indirect acquisitions of common stock through exercises of in-the-money derivative securities.
Rhea-AI Filing Summary
EBR Systems, Inc. director Bronwyn Evans reported two indirect acquisitions of common stock through exercises of in-the-money derivative securities. On June 15, 2026, entities "By Bronwyn Evans and Peter Douglas Gordon" exercised derivatives into 15,000 common shares at A$3.85 per share and another 15,000 shares at A$3.80 per share. The footnotes explain these represent the same number of Chess Depositary Interests traded on the Australian Securities Exchange and note that the reported beneficial ownership reflects a 1-for-10 reverse stock split effective April 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
In-the-Money Exercise: 30,000 shares
In-the-Money Exercise
2 txns
Insider
Evans Bronwyn
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Common Stock | 15,000 | $3.80 | $57K |
| In-the-Money Exercise | Common Stock | 15,000 | $3.85 | $58K |
Holdings After Transaction:
Common Stock — 85,158 shares (Indirect, By Bronwyn Evans and Peter Douglas Gordon)
Footnotes (3)
- F1. Represents shares of the Issuer's common stock underlying the same amount of Chess Depositary Interests ("CDIs"). The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.
- F2. The price is reported in Australian dollars.
- F3. The number of shares beneficially owned reflects the 1-for-10 reverse stock split effected April 1, 2026 (the "Stock Split"). The number of shares reported as beneficially owned in the original Form 4, filed June 17, 2026, did not reflect the Stock Split.
Key Figures
Derivative exercise size 1: 15,000 shares
Exercise price 1: A$3.85 per share
Derivative exercise size 2: 15,000 shares
+2 more
5 metrics
Derivative exercise size 1
15,000 shares
Common Stock acquired via in-the-money derivative exercise on June 15, 2026
Exercise price 1
A$3.85 per share
Price for 15,000-share exercise of Common Stock
Derivative exercise size 2
15,000 shares
Second Common Stock acquisition via derivative exercise on June 15, 2026
Exercise price 2
A$3.80 per share
Price for second 15,000-share exercise of Common Stock
Reverse stock split ratio
1-for-10
Reverse stock split effective April 1, 2026 affecting beneficial ownership figures
Key Terms
Chess Depositary Interests ("CDIs"), Australian Securities Exchange, reverse stock split, beneficially owned, +1 more
5 terms
Chess Depositary Interests ("CDIs") financial
"Represents shares of the Issuer's common stock underlying the same amount of Chess Depositary Interests ("CDIs")."
Australian Securities Exchange financial
"The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited"
Australian Securities Exchange is Australia’s main marketplace where stocks, bonds, ETFs and other tradable financial instruments are bought and sold. Think of it as a large, regulated marketplace that shows current prices, matches buyers and sellers, and enforces rules to keep trading fair and orderly—information and liquidity from the exchange directly affect how easy it is to trade an investment and how its market price is determined.
reverse stock split financial
"reflects the 1-for-10 reverse stock split effected April 1, 2026 (the "Stock Split")."
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
beneficially owned financial
"The number of shares beneficially owned reflects the 1-for-10 reverse stock split"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
in-the-money derivative exercise financial
"transaction_action": "in-the-money derivative exercise""
FAQ
What insider transaction did EBR Systems (EBRCZ) director Bronwyn Evans report?
Bronwyn Evans reported two indirect acquisitions of EBR Systems common stock via exercises of in-the-money derivative securities. Each transaction converted 15,000 Chess Depositary Interests into common shares, reflecting compensation-related activity rather than open-market buying or selling.
At what prices were the EBR Systems (EBRCZ) derivative exercises reported?
The transactions were reported at prices of A$3.85 and A$3.80 per share. A footnote clarifies these prices are in Australian dollars and relate to Chess Depositary Interests that correspond to the same number of EBR Systems common shares.
How are Bronwyn Evans’ EBR Systems (EBRCZ) holdings characterized in the Form 4/A?
The holdings are reported as indirect, described as "By Bronwyn Evans and Peter Douglas Gordon." This means the shares are held through an arrangement associated with both individuals rather than directly in Evans’ personal name on the company’s books.
AI-generated analysis. How Rhea-AI works. Not financial advice.
