STOCK TITAN

[Form 4] EBR Systems, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EBR Systems, Inc. granted Chief Commercial Officer Erik Strandberg a stock option covering 50,000 shares of common stock. The option has an exercise price of $2.6727 per share and expires on June 23, 2036.

This is a compensation-related award, not an open-market purchase or sale. All 50,000 underlying shares remain subject to the option after the transaction. Vesting is gradual: 1/48 of the option vests on July 24, 2026 and monthly thereafter, as long as he continues as a service provider.

Positive

  • None.

Negative

  • None.
Insider Strandberg Erik
Role null
Type Security Shares Price Value
Grant/Award Stock Option (right to buy) 50,000 $0.00 --
Holdings After Transaction: Stock Option (right to buy) — 50,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Option size 50,000 shares Stock option grant to Chief Commercial Officer
Exercise price $2.6727 per share Stock option exercise price
Expiration date June 23, 2036 Option term end date
Post-grant derivative holdings 50,000 options Total derivative securities following transaction
Initial vesting date July 24, 2026 1/48 of option vests on this date
Vesting schedule 1/48 monthly Monthly vesting after July 24, 2026, contingent on service
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "2.6727""
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
"expiration_date: "2036-06-23T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
vesting financial
"1/48 of the shares subject to the option shall vest on July 24, 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 through each such date"
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FAQ

What did Erik Strandberg acquire in the latest EBR Systems (EBRCZ) filing?

Erik Strandberg received a stock option for 50,000 shares of EBR Systems common stock. The option is a compensation-related grant, not a market purchase, and gives him the right to buy shares at a preset exercise price in the future.

What is the exercise price of Erik Strandberg’s new EBR Systems (EBRCZ) stock option?

The stock option granted to Erik Strandberg has an exercise price of $2.6727 per share. This means he can purchase up to 50,000 EBR Systems common shares at that price once the option vests, regardless of future market prices.

How does the 50,000-share EBR Systems (EBRCZ) option to Erik Strandberg vest?

The 50,000-share option vests over four years. According to the terms, 1/48 of the option vests on July 24, 2026, with an additional 1/48 vesting each month afterward, provided he continues as a service provider to the company.

When does Erik Strandberg’s EBR Systems (EBRCZ) stock option expire?

The stock option granted to Erik Strandberg expires on June 23, 2036. After that date, any unexercised portion of the 50,000-share option can no longer be used to purchase EBR Systems common stock at the stated exercise price.

Is Erik Strandberg’s recent EBR Systems (EBRCZ) transaction a buy or a grant?

The transaction is a grant of a derivative security, not a market buy. Erik Strandberg received a stock option award for 50,000 shares as compensation, giving him the right to acquire common stock later, subject to vesting conditions and the exercise price.
SEC Form 4
FORM 4UNITED 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*
Strandberg Erik

(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)
Director10% Owner
Officer (give title below)XOther (specify below)
Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$2.672706/24/2026A50,000 (1)06/23/2036Common Stock50,000$050,000D
Explanation of Responses:
1. 1/48 of the shares subject to the option shall vest on July 24, 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-Fact07/06/2026
** Signature of Reporting PersonDate
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)