LUCD Form 3: John Palumbo Reports 47,857 Shares
Rhea-AI Filing Summary
John R. Palumbo, a director of Lucid Diagnostics Inc. (LUCD), filed an Initial Statement of Beneficial Ownership reporting direct ownership of 47,857 shares of common stock. The transaction date requiring the filing is 09/22/2025. The Form 3 was signed by Michael A. Gordon by power of attorney on 10/07/2025. No derivative securities or additional holdings were reported on this form.
Positive
- Director ownership of 47,857 shares aligns management interests with shareholders
- Timely Section 16 disclosure filed for the 09/22/2025 event
Negative
- None.
Insights
Director filing shows modest direct stake, signaling basic insider alignment.
The filing records a direct holding of 47,857 common shares by a company director, which is a routine disclosure under Section 16. This level of ownership provides a measurable, though not controlling, equity stake that aligns the director with shareholder outcomes.
Filing timeliness and the use of a power of attorney for signature are procedural details to note; there are no derivatives or additional appointments disclosed. Watch for future Forms 4 or 5 that would show changes in this position or option grants within the next reporting cycle.