EBR Systems director exercises rights for 27,579 shares
EBR Systems director Bronwyn Evans, together with Peter Douglas Gordon, exercised subscription rights to acquire 27,579 shares of Common Stock at A$3.80 per share.
Rhea-AI Filing Summary
EBR Systems director Bronwyn Evans, together with Peter Douglas Gordon, exercised subscription rights to acquire 27,579 shares of Common Stock at A$3.80 per share. These shares represent common stock underlying 275,790 Chess Depositary Interests (CDIs) traded on the Australian Securities Exchange.
Following the transactions, their indirect holdings increased to 112,737 shares of Common Stock, representing common stock underlying 1,127,370 CDIs held via CHESS Depository Nominees. All activity reflects an exercise of in-the-money derivative rights rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
55,158 shares exercised/converted
Exercise
3 txns
Insider
Evans Bronwyn
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Subscription Rights (right to buy) | 27,579 | $0.00 | $0.00 |
| In-the-Money Exercise | Subscription Rights (right to buy) | 27,579 | $0.00 | $0.00 |
| In-the-Money Exercise | Common Stock | 27,579 | $3.80 | $105K |
Holdings After Transaction:
Subscription Rights (right to buy) — 0 contracts (Indirect, By Bronwyn Evans and Peter Douglas Gordon);
Common Stock — 112,737 shares (Indirect, By Bronwyn Evans and Peter Douglas Gordon)
Footnotes (4)
- F1. Represents shares of the Issuer's common stock underlying 275,790 Chess Depositary Interests ("CDIs"). The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depository Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.
- F2. The CDIs were issued in connection with an entitlement offer or rights offering, pursuant to a Security Purchase Plan on ASX.
- F3. The price is reported in Australian dollars.
- F4. Represents shares of the Issuer's common stock underlying 1,127,370 CDIs. The CDIs are traded on the ASX and are held by CHESS Depository Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX.
Key Figures
Common shares acquired: 27,579 shares
Exercise price: A$3.80 per share
Post-transaction holdings: 112,737 shares
+2 more
5 metrics
Common shares acquired
27,579 shares
Common Stock received from subscription rights exercise on 2026-06-29
Exercise price
A$3.80 per share
Price reported for Common Stock acquired via rights exercise
Post-transaction holdings
112,737 shares
Indirect Common Stock position following transactions
CDIs for acquired shares
275,790 CDIs
CDIs corresponding to Common Stock acquired via rights
Total CDI-backed position
1,127,370 CDIs
CDIs underlying total 112,737 indirectly held shares
Key Terms
Subscription Rights (right to buy), Chess Depositary Interests ("CDIs"), entitlement offer or rights offering, Security Purchase Plan, +1 more
5 terms
Subscription Rights (right to buy) financial
"security_title: "Subscription Rights (right to buy)""
Chess Depositary Interests ("CDIs") financial
"Represents shares of the Issuer's common stock underlying 275,790 Chess Depositary Interests ("CDIs")."
entitlement offer or rights offering financial
"The CDIs were issued in connection with an entitlement offer or rights offering, pursuant to a Security Purchase Plan on ASX."
Security Purchase Plan financial
"The CDIs were issued in connection with an entitlement offer or rights offering, pursuant to a Security Purchase Plan on ASX."
in-the-money derivative exercise financial
"transaction_action: "in-the-money derivative exercise""
FAQ
What did Bronwyn Evans report in the latest Form 4 for EBR Systems (EBRCZ)?
Bronwyn Evans, with Peter Douglas Gordon, exercised subscription rights to acquire 27,579 EBR Systems common shares at A$3.80 each. The transaction reflects in-the-money rights exercises, not open-market buying or selling, and increases their indirect ownership position.
What securities did Bronwyn Evans exercise in the EBR Systems (EBRCZ) filing?
The filing shows exercises of “Subscription Rights (right to buy)” linked to EBR Systems common stock. These in‑the‑money rights were converted into 27,579 common shares at an exercise price of A$3.80 per share, increasing indirect equity ownership.
Are Bronwyn Evans’s EBR Systems holdings direct or indirect in this Form 4?
All holdings and transactions reported in this Form 4 are classified as indirect. The shares are held jointly by Bronwyn Evans and Peter Douglas Gordon and represented by CDIs, which are custodial interests traded on the Australian Securities Exchange.
What are Chess Depositary Interests (CDIs) in the EBR Systems Form 4?
The Form 4 explains that CDIs are instruments traded on the Australian Securities Exchange representing EBR Systems common stock. CDIs are held by CHESS Depository Nominees, and the reported 275,790 and 1,127,370 CDIs correspond to underlying common shares owned indirectly.
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