EBR Systems, Inc. (EBRCZ) amends filing on 34,211-share director option grant
Rhea-AI Filing Summary
EBR Systems, Inc. director David Steinhaus received a grant of stock options for 34,211 shares of common stock at an exercise price of $6.1382 per share, expiring on May 5, 2036. The amendment updates the per-share exercise price. The option vests in 12 equal monthly installments beginning June 6, 2026, while he continues as a service provider.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Steinhaus David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1, F2 | 34,211 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 34,211 shares (Direct)
Footnotes (2)
- F1. The original Form 4 filed May 8, 2026 has been amended to reflect the correct per share exercise price.
- F2. 1/12 of the shares subject to the option shall vest on June 6, 2026 and each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.
Key Figures
Option Shares Granted: 34,211 shares
Exercise Price: $6.1382 per share
Shares Following Transaction: 34,211 options
+3 more
6 metrics
Option Shares Granted
34,211 shares
Stock option grant to director David Steinhaus on 2026-05-06
Exercise Price
$6.1382 per share
Corrected per share exercise price for the stock option
Shares Following Transaction
34,211 options
Total options held by David Steinhaus after the grant
Option Expiration Date
May 5, 2036
Expiration date of the granted stock options
Vesting Start Date
June 6, 2026
1/12 of the options vest monthly beginning on this date
Vesting Schedule
1/12 per month for 12 months
Vesting conditioned on continued service as a provider
Key Terms
Stock Option (right to buy), exercise price, vesting, service provider
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"correct per share exercise price"
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.
vesting financial
"1/12 of the shares subject to the option shall vest"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
service provider financial
"subject to the Reporting Person continuing as a service provider"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did EBR Systems, Inc. (EBRCZ) report in this amended Form 4?
EBR Systems, Inc. reported a stock option grant to director David Steinhaus for 34,211 shares of common stock. The options carry a fixed exercise price and a defined vesting schedule extending over 12 months.
Why was the Form 4 for EBR Systems, Inc. (EBRCZ) amended?
The Form 4 was amended to reflect the correct per share exercise price of the stock options. The footnote states that the original filing dated May 8, 2026 was corrected specifically for this pricing detail.
What are the key terms of David Steinhaus’s stock option grant at EBR Systems, Inc. (EBRCZ)?
David Steinhaus received options for 34,211 shares of common stock at an exercise price of $6.1382 per share. The options expire on May 5, 2036, providing a long-dated incentive structure.
How do the EBR Systems, Inc. (EBRCZ) options granted to David Steinhaus vest?
The option vests in 1/12 increments of the total shares. Vesting begins on June 6, 2026 and continues monthly thereafter, conditioned on Steinhaus continuing as a service provider each month.
How many EBR Systems, Inc. (EBRCZ) options does David Steinhaus hold after this transaction?
After this grant, David Steinhaus holds 34,211 stock options directly. This figure represents his reported beneficial ownership of this particular option award following the transaction.