SeaStar Medical (ICU) CEO receives 10,288 restricted stock units in equity grant
Rhea-AI Filing Summary
Schlorff Eric reported acquisition or exercise transactions in this Form 4 filing.
SeaStar Medical Holding Corp Chief Executive Officer Eric Schlorff received an equity grant in the form of restricted stock units. The award covers 10,288 shares of common stock at a stated price of $0.00 per share, reflecting a compensation-related grant rather than an open-market purchase.
According to the filing, the restricted stock units will vest in three equal installments on July 1, 2026, November 1, 2026, and March 1, 2027. After this grant, Schlorff holds 50,140 shares of SeaStar Medical common stock directly.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schlorff Eric
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 | 10,288 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 — 50,140 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 10,288 shares
Grant price: $0.00 per share
Holdings after grant: 50,140 shares
+3 more
6 metrics
RSUs granted
10,288 shares
Restricted stock unit award to CEO
Grant price
$0.00 per share
Stated price for RSU grant
Holdings after grant
50,140 shares
Shares directly held after transaction
First vesting date
July 1, 2026
First one-third of RSUs vest
Second vesting date
November 1, 2026
Second one-third of RSUs vest
Final vesting date
March 1, 2027
Final one-third of RSUs vest
Key Terms
restricted stock unit, RSU, vest
3 terms
restricted stock unit financial
"Represents a restricted stock unit award ("RSU")."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSU financial
"Represents a restricted stock unit award ("RSU")."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
vest financial
"The RSU will vest in three equal installment on July 1, 2026, November 1, 2026, and March 1, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SeaStar Medical (ICU) report for CEO Eric Schlorff?
SeaStar Medical reported that CEO Eric Schlorff received a grant of 10,288 restricted stock units. These represent a compensation-related equity award in common stock, not an open-market share purchase, and increase his directly held position in the company.
What are the vesting terms of the SeaStar Medical (ICU) restricted stock units granted to the CEO?
The 10,288 restricted stock units granted to CEO Eric Schlorff vest in three equal installments. Vesting dates are July 1, 2026, November 1, 2026, and March 1, 2027, meaning the award becomes fully vested over this scheduled period.
Was the SeaStar Medical (ICU) CEO’s Form 4 transaction an open-market stock purchase?
No, the transaction was not an open-market purchase. The filing describes a grant of 10,288 restricted stock units at a stated price of $0.00 per share, indicating a compensation-related equity award instead of buying shares on the open market.
What type of security was reported in the SeaStar Medical (ICU) CEO Form 4 filing?
The Form 4 reports an award of restricted stock units tied to SeaStar Medical common stock, par value $0.0001 per share. These units convert into shares as they vest on the specified future vesting dates described in the footnote.