SeaStar (ICU) director purchases 35,000 shares; weighted prices disclosed
Rhea-AI Filing Summary
SeaStar Medical Holding Corp (ICU) director Kenneth Van Heel reported open-market purchases totaling 35,000 shares across two days. On 08/26/2025 he acquired 25,000 shares at a weighted-average price of $0.8899, increasing his direct holdings to 39,400 shares. On 08/27/2025 he acquired 10,000 shares at a weighted-average price of $0.8565, raising his direct holdings to 49,400 shares.
The Form 4 shows these were non-derivative purchases and that no derivative securities were reported. The filing was submitted by an attorney-in-fact on 08/28/2025.
Positive
- Director purchases reported: Kenneth Van Heel acquired a total of 35,000 common shares on 08/26/2025 and 08/27/2025.
- Transparent pricing detail: Weighted-average prices disclosed ($0.8899 and $0.8565) with commitment to provide per-trade breakdowns upon request.
Negative
- None.
Insights
TL;DR: A director made modest open-market buys totaling 35,000 shares at sub-$1 prices; confirms direct insider accumulation.
The report documents non-derivative purchases by a director on 08/26/2025 and 08/27/2025 for a combined 35,000 shares at weighted-average prices of $0.8899 and $0.8565. Post-transactions direct beneficial ownership is reported at 49,400 shares. Transactions were disclosed on a Form 4 and executed via multiple tranches as noted in the explanations.
TL;DR: Timely Form 4 disclosure shows director-level purchases and straightforward reporting; no derivatives or complex arrangements disclosed.
The filing identifies Kenneth Van Heel as a director and reports direct acquisitions only. The explanatory footnotes clarify weighted-average prices due to multiple trades. An attorney-in-fact signed the form. No amendments or additional arrangements are indicated in the document.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 10,000 | $0.8565 | $9K |
| Purchase | Common Stock, par value $0.0001 per share | 25,000 | $0.8899 | $22K |
Footnotes (2)
- F1. The price reported in Row 1, Column 4 is a weighted average price of $0.8899. These shares were purchased in multiple transactions at prices ranging from $0.885 to $0.89 inclusive. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F2. The price reported in Row 2, Column 4 is a weighted average price of $0.8565. These shares were purchased in multiple transactions at prices ranging from $0.8531 to $0.8599 inclusive. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased at each separate price.
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