EBR Systems director receives 34,211 stock options
EBR Systems director Karen Drexler received a new stock option grant.
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Form Type
4
Rhea-AI Filing Summary
EBR Systems director Karen Drexler received a new stock option grant. She was awarded options to acquire 34,211 shares of Common Stock at an exercise price of $3.7999 per share. All 34,211 options are held directly following this grant.
According to the vesting terms, 1/12 of the shares subject to the option will vest on June 6, 2026, and an additional 1/12 will vest each month thereafter, as long as she continues as a service provider. The options are scheduled to expire on May 5, 2036 if not exercised.
Insider Trade Summary
Grant/Award: 34,211 shares
Grant/Award
1 txn
Insider
Drexler Karen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 34,211 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 34,211 contracts (Direct)
Footnotes (1)
- F1. 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: 34,211 options
Exercise price: $3.7999 per share
Total options held after grant: 34,211 options
+2 more
5 metrics
Stock options granted
34,211 options
Grant to director Karen Drexler reported on Form 4
Exercise price
$3.7999 per share
Strike price of Drexler’s stock option grant
Total options held after grant
34,211 options
Total derivative securities following transaction
Initial vesting date
June 6, 2026
1/12 of options vest on this date
Expiration date
May 5, 2036
Options expire if not exercised by this date
Key Terms
Stock Option, vesting, exercise price, expiration date, +1 more
5 terms
Stock Option financial
"security_title: Stock Option (right to buy) granted to director"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vesting financial
"1/12 of the shares subject to the option shall vest on June 6, 2026"
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.
exercise price financial
"conversion_or_exercise_price of $3.7999 per share for the options"
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.
expiration date financial
"options carry an expiration date of May 5, 2036 if unexercised"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
service provider financial
"vesting requires continuing as a service provider through each date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EBR Systems (EBRCZ) report for Karen Drexler?
EBR Systems reported that director Karen Drexler received a stock option grant for 34,211 shares of Common Stock at an exercise price of $3.7999 per share, held directly after the transaction as reflected in the Form 4 filing.
Is Karen Drexler’s EBR Systems (EBRCZ) option grant an open-market purchase?
No, the Form 4 shows a stock option grant coded as an acquisition (A), meaning it was an award, not an open-market purchase. She received rights to buy 34,211 shares at $3.7999 per share under the company’s equity compensation arrangements.
How do the 34,211 EBR Systems (EBRCZ) stock options granted to Karen Drexler vest?
The 34,211 stock options vest over time. One-twelfth of the shares subject to the option vest on June 6, 2026. Another one-twelfth vests each month thereafter, provided she continues as a service provider on each vesting date.
What is the exercise price and expiration date of Karen Drexler’s EBR Systems (EBRCZ) options?
The granted stock options have an exercise price of $3.7999 per share and an expiration date of May 5, 2036. She can choose to exercise vested options at that price any time before expiration, subject to the plan’s terms.
How many EBR Systems (EBRCZ) derivative securities does Karen Drexler hold after this Form 4 grant?
After this reported grant, Karen Drexler holds 34,211 stock options directly, each representing the right to acquire one share of EBR Systems Common Stock. This total equals the full amount of the newly awarded options in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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