STOCK TITAN

NeuroPace (NPCE) CMO has shares withheld to cover RSU tax bill

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NeuroPace Inc’s Chief Medical Officer, Martha Morrell, reported a routine share withholding for taxes. On June 24, 2026, 335 shares of common stock were disposed of at $16.22 per share to satisfy tax withholding obligations tied to a restricted stock unit vesting. After this tax-withholding transaction, she directly holds 52,050 shares of NeuroPace common stock.

Positive

  • None.

Negative

  • None.
Insider Morrell Martha
Role CHIEF MEDICAL OFFICER
Type Security Shares Price Value
Tax Withholding Common Stock 335 $16.22 $5K
Holdings After Transaction: Common Stock — 52,050 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 335 shares Common stock withheld on June 24, 2026
Withholding price $16.22 per share Price applied to tax-withholding disposition
Shares held after transaction 52,050 shares Direct common stock ownership following transaction
restricted stock unit award financial
"in connection with the vesting of a restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Morrell Martha

(Last)(First)(Middle)
C/O NEUROPACE INC.
455 N. BERNARDO AVENUE

(Street)
MOUNTAIN VIEW CALIFORNIA 94043

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NeuroPace Inc [ NPCE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF MEDICAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/24/2026F335(1)D$16.22(1)52,050D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the number of shares withheld by the Issuer on June 24, 2026 to satisfy tax withholding obligations in connection with the vesting of a restricted stock unit award.
Remarks:
/s/ Leah Akin, Attorney-in-Fact06/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NeuroPace (NPCE) report for Martha Morrell?

NeuroPace reported a tax-related share disposition by Chief Medical Officer Martha Morrell. On June 24, 2026, 335 common shares were withheld and disposed at $16.22 per share to cover tax obligations from a restricted stock unit vesting.

Was the NeuroPace (NPCE) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The 335 NeuroPace shares were withheld by the company to satisfy tax withholding obligations associated with the vesting of a restricted stock unit award, rather than being sold on the open market.

How many NeuroPace (NPCE) shares does Martha Morrell hold after the transaction?

After the tax-withholding transaction, Martha Morrell holds 52,050 NeuroPace shares. This post-transaction direct ownership shows that only a small portion, 335 shares, was used to satisfy tax obligations related to restricted stock unit vesting.

What was the price per share in the NeuroPace (NPCE) tax-withholding disposition?

The tax-withholding disposition used a price of $16.22 per NeuroPace share. This price applied to the 335 common shares withheld on June 24, 2026, to cover tax obligations from a restricted stock unit award vesting event.

What triggered the share withholding for NeuroPace (NPCE) Chief Medical Officer Martha Morrell?

The withholding was triggered by the vesting of a restricted stock unit award. To satisfy associated tax withholding obligations, NeuroPace retained 335 common shares from Martha Morrell on June 24, 2026, instead of requiring a separate cash payment for taxes.