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.