NeuroPace director granted 1,826 shares in fees
Fischer Frank M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Fischer Frank M reported acquisition or exercise transactions in this Form 4 filing.
NeuroPace Inc director Frank M. Fischer received 1,826 shares of Common Stock as a grant at $13.00 per share. These shares were issued under the company’s non-employee director compensation policy in lieu of quarterly cash retainer fees.
Following this stock compensation, Fischer directly owns 595,177 shares, indicating this was a routine, compensation-related equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,826 shares
Grant/Award
1 txn
Insider
Fischer Frank M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,826 | $13.00 | $24K |
Holdings After Transaction:
Common Stock — 595,177 shares (Direct)
Footnotes (1)
- F1. These shares were issued to the Reporting Person pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees.
FAQ
What insider transaction did NeuroPace (NPCE) report for Frank M. Fischer?
NeuroPace reported that director Frank M. Fischer received 1,826 shares of Common Stock. The shares were granted as part of the non-employee director compensation policy, issued in stock instead of paying quarterly cash retainer fees.
Was the NeuroPace (NPCE) Form 4 transaction a market purchase or sale?
The Form 4 shows a grant, not a market trade. Fischer acquired 1,826 shares as a compensation award in lieu of cash fees, so there was no open-market buying or selling involved in this transaction.
At what price was the NeuroPace (NPCE) director stock grant recorded?
The director stock grant was recorded at $13.00 per share. This price is used for reporting the value of the 1,826-share award, which was issued instead of paying the director’s quarterly cash retainer fees.
AI-generated analysis. How Rhea-AI works. Not financial advice.