EBR Systems (EBRCZ) director awarded 34,211 stock options at $3.7999

Rhea-AI Filing Summary

EBR Systems, Inc. director Bronwyn Evans received a grant of stock options covering 34,211 shares of common stock. The options have an exercise price of $3.7999 per share and expire on May 5, 2036. One-twelfth of the options will vest on June 6, 2026 and monthly thereafter, as long as Evans continues as a service provider.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Evans Bronwyn

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	34,211	$0.00	--

Holdings After Transaction: Stock Option (right to buy) — 34,211 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Option grant size: 34,211 options Exercise price: $3.7999 per share Underlying shares: 34,211 shares +3 more

6 metrics

Option grant size 34,211 options Stock Option (right to buy) granted to director

Exercise price $3.7999 per share Conversion/exercise price of stock options

Underlying shares 34,211 shares Common Stock underlying the option award

Post-grant derivative holdings 34,211 options Total derivative securities following transaction

Option expiration May 5, 2036 Expiration date of the stock options

Initial vesting date June 6, 2026 1/12 of options vest on this date per footnote

Key Terms

Stock Option (right to buy), exercise price, vesting, service provider, +1 more

5 terms

Stock Option (right to buy) financial

"security_title: Stock Option (right to buy)"

exercise price financial

"conversion_or_exercise_price: 3.7999"

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 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.

service provider financial

"subject to the Reporting Person continuing as a service provider"

expiration date financial

"expiration_date: 2036-05-05T00:00:00.000Z"

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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Evans Bronwyn

(Last) (First) (Middle)

480 OAKMEAD PARKWAY

(Street)

SUNNYVALE CALIFORNIA 94085

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EBR Systems, Inc. [ NONE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$3.7999	05/06/2026		A		34,211		(1)	05/05/2036	Common Stock	34,211	$0	34,211	D

Explanation of Responses:

1. 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.

	/s/ Gary W Doherty, Attorney-in-Fact	05/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did EBR Systems (EBRCZ) director Bronwyn Evans report on this Form 4?

Bronwyn Evans reported receiving a grant of stock options covering 34,211 shares of EBR Systems common stock. These options were awarded as compensation and give the right to buy shares at a fixed exercise price if vesting conditions are met.

What is the exercise price of Bronwyn Evans’ new EBR Systems stock options?

The stock options granted to Bronwyn Evans have an exercise price of $3.7999 per share. This is the price she may pay to purchase EBR Systems common shares once the options vest and while they remain unexpired, subject to continued service requirements.

When do Bronwyn Evans’ EBR Systems stock options start vesting?

One-twelfth of the options vest on June 6, 2026, with additional portions vesting monthly afterward. Vesting continues only while Evans remains a service provider, meaning ongoing service to EBR Systems is required for full vesting over time.

How many EBR Systems shares are covered by Bronwyn Evans’ option award?

The option award covers 34,211 underlying shares of EBR Systems common stock. This number matches both the option amount and the underlying share count, reflecting the total potential shares she can buy if all options vest and are exercised.

When do Bronwyn Evans’ EBR Systems stock options expire?

The options granted to Bronwyn Evans expire on May 5, 2036. After this expiration date, any unexercised options will lapse, so exercises must occur between vesting dates and the final expiration, subject to standard plan and employment terms.