EBR Systems (EBRCZ) director receives 42106 options at $6.1382 exercise price
Rhea-AI Filing Summary
EBR Systems, Inc. reports that director Will Allan R received a grant of stock options for 42106.0000 shares of Common Stock at a per share exercise price of $6.1382, expiring on 2036-05-05. The amendment corrects the exercise price and states that 1/12 of the option vests on June 6, 2026 and monthly thereafter, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Will Allan R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1, F2 | 42,106 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 42,106 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
Stock options granted: 42106.0000 shares
Exercise price: $6.1382 per share
Option expiration: 2036-05-05
+2 more
5 metrics
Stock options granted
42106.0000 shares
Grant of Stock Option (right to buy) on 2026-05-06
Exercise price
$6.1382 per share
Per share exercise price corrected by the amendment
Option expiration
2036-05-05
Expiration date of the stock option grant
Underlying common shares
42106.0000 shares
Common Stock underlying the option grant
Vesting schedule
1/12 monthly starting 2026-06-06
Monthly vesting subject to continued service
Key Terms
Stock Option (right to buy), per share exercise price, vest, service provider
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
vest financial
"1/12 of the shares subject to the option shall vest"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those 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 (EBRCZ) report in this Form 4/A?
Director Will Allan R reported a grant of stock options covering 42106.0000 shares of Common Stock. The options were awarded at a per share exercise price of $6.1382 and represent a compensation-related acquisition rather than an open-market trade.
How many stock options were granted to director Will Allan R at EBR Systems (EBRCZ)?
Will Allan R was granted 42106.0000 stock options, each for one share of Common Stock. These options are reported as directly owned and constitute his total option holdings from this grant following the transaction on 2026-05-06.
What is the exercise price and expiration date of the EBR Systems (EBRCZ) options?
The options carry a per share exercise price of $6.1382 and expire on 2036-05-05. This Form 4/A specifically amends the prior filing to correct that per share exercise price while keeping the other terms intact.
How do the granted EBR Systems (EBRCZ) options vest for Will Allan R?
The grant vests in 12 equal monthly installments. According to the disclosure, 1/12 of the shares vests on June 6, 2026, and 1/12 each month thereafter, conditioned on Will Allan R continuing as a service provider through each vesting date.
Why was the original EBR Systems (EBRCZ) Form 4 amended?
The Form 4/A states that the original Form 4 filed May 8, 2026 was amended to reflect the correct per share exercise price of the options. All other terms, including vesting and expiration, remain as previously described.
Is the EBR Systems (EBRCZ) option grant to Will Allan R an open-market purchase?
No, the transaction is reported with code A as a grant or award acquisition of a stock option, not an open-market purchase. The transaction price per option is shown as 0.0000, with value realized only upon future exercise at $6.1382 per share.