Establishment Labs CEO Filippo Caldini acquires 2,850 ESTA shares

Rhea-AI Filing Summary

Filippo Caldini, who is listed as Chief Executive Officer and a director of Establishment Labs Holdings Inc. (ESTA), reported a purchase of common shares on 08/11/2025. The amended Form 4/A shows a purchase of 2,850 common shares at $35.20 per share, resulting in reported beneficial ownership of 35,245 shares. The transaction is reported with code P and the ownership is listed as direct (D).

The filing is an amendment (Form 4/A) submitted by a single reporting person and was signed on behalf of the reporting person by Rajbir S. Denhoy, Chief Financial Officer, by power of attorney. The document does not state total outstanding shares or the percentage that 35,245 shares represent, so the filing alone does not establish the transaction's materiality to shareholders.

Positive

• Insider acquisition reported: Purchase of 2,850 common shares at $35.20 per share by the CEO/Director
• Clear ownership update: Reporting shows direct beneficial ownership increased to 35,245 shares

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO purchase of 2,850 ESTA shares at $35.20 increases direct holdings to 35,245; impact unclear without share count or market context.

The Form 4/A reports a straightforward insider purchase (code P) of 2,850 common shares at $35.20 each. The filing lists the resulting beneficial ownership as 35,245 shares (direct). Because the filing does not provide total outstanding shares, float, or market-cap context, the investment impact cannot be quantified from this document alone. The amendment status suggests a corrected or updated disclosure rather than a new class of transaction.

Corporate Governance Expert

TL;DR: Disclosure appears procedurally complete: roles and transaction are reported; amendment signed by CFO under power of attorney.

The report identifies the reporting person as Filippo Caldini (CEO and director) and documents the transaction on an amended Form 4/A. The signature is provided by the company CFO, Rajbir S. Denhoy, acting under power of attorney, which is an acceptable procedural practice. The filing does not disclose any related-party arrangements, derivative transactions, or other governance issues within the text provided.

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).

1. Name and Address of Reporting Person^*

Caldini Filippo

(Last) (First) (Middle)

C/O MOTIVA USA LLC

16192 COASTAL HIGHWAY

(Street)

LEWES DE 19958

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ESTABLISHMENT LABS HOLDINGS INC. [ ESTA ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
08/11/2025

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

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

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
Common Shares	08/11/2025		P		2,850	A	$35.2	35,245	D

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

Explanation of Responses:

Remarks:

	/s/ Rajbir S. Denhoy, Chief Financial Officer, by power of attorney	08/11/2025
	** 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.

FAQ

What transaction did Filippo Caldini report on Form 4/A for ESTA?

The Form 4/A reports a purchase of 2,850 common shares in Establishment Labs (ESTA) at $35.20 per share.

How many shares does Filippo Caldini own after the reported transaction?

The filing reports beneficial ownership of 35,245 common shares following the transaction.

What is Filippo Caldini's role at Establishment Labs (ESTA)?

The document lists Filippo Caldini as Chief Executive Officer and a director of Establishment Labs Holdings Inc.

Is this a corrected filing or the original disclosure?

This document is an amended Form 4 (Form 4/A), indicating an update or correction to a previously filed Form 4.

Who signed the Form 4/A on behalf of the reporting person?

The filing is signed by Rajbir S. Denhoy, Chief Financial Officer, acting by power of attorney for the reporting person.

Does the filing state the percentage of the company owned after the transaction?

No. The filing reports the number of shares (35,245) but does not provide total outstanding shares or percentage ownership.