NeuroPace (NASDAQ: NPCE) CMO has 358 shares withheld for taxes
Rhea-AI Filing Summary
NeuroPace Inc (NPCE) reported an insider equity withholding transaction by Chief Medical Officer Martha Morrell. On August 27, 2026, 358 shares of common stock were withheld by the company at $14.13 per share to cover tax withholding obligations related to the vesting of a restricted stock unit award. After this withholding, Morrell directly held 51,692 shares of NeuroPace common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 358 shares
Net Sell
1 txn
Insider
Morrell Martha
Role
CHIEF MEDICAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 358 | $14.13 | $5K |
Holdings After Transaction:
Common Stock — 51,692 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares withheld by the Issuer on August 27, 2026 to satisfy tax withholding obligations in connection with the vesting of a restricted stock unit award.
Key Figures
Shares withheld: 358 shares of Common Stock
Per-share value: $14.13 per share
Shares held after transaction: 51,692 shares of Common Stock
3 metrics
Shares withheld
358 shares of Common Stock
Withheld on August 27, 2026 to satisfy tax withholding obligations
Per-share value
$14.13 per share
Value used for the 358 shares withheld on August 27, 2026
Shares held after transaction
51,692 shares of Common Stock
Direct holdings of Martha Morrell following the August 27, 2026 transaction
Key Terms
restricted stock unit award, tax withholding obligations, withheld by the Issuer
3 terms
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"
withheld by the Issuer financial
"Represents the number of shares withheld by the Issuer on August 27, 2026"
FAQ
What insider transaction did NPCE report for Martha Morrell on August 27, 2026?
NeuroPace reported that Chief Medical Officer Martha Morrell had 358 shares of common stock withheld on August 27, 2026 to satisfy tax withholding obligations arising from the vesting of a restricted stock unit award, at a reference price of $14.13 per share.
Was the NPCE Form 4 transaction a market sale or a tax withholding event?
The Form 4 describes a tax withholding event, not an open-market sale. 358 shares were withheld by NeuroPace to pay tax withholding obligations tied to vesting of a restricted stock unit award for Chief Medical Officer Martha Morrell.
Does the NPCE Form 4 indicate trading under a Rule 10b5-1 plan?
No. The filing’s 10b5-1 checkbox is not affirmed (set to false), and the footnote states only that shares were withheld to satisfy tax withholding obligations on a restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.