Spruce Biosciences (SPRB) files Form 3 for CMO Adrian Quartel
Rhea-AI Filing Summary
SPRUCE BIOSCIENCES, INC. submitted an initial insider ownership report for Adrian W. Quartel, who serves as Chief Medical Officer. The Form 3 lists no transactions or holdings for him and notes an accompanying Exhibit 24 labeled Power of Attorney.
Positive
- None.
Negative
- None.
Key Figures
Buy transactions reported: 0
Sell transactions reported: 0
Holdings entries reported: 0
3 metrics
Buy transactions reported
0
Buy transaction count in Form 3 transactionSummary
Sell transactions reported
0
Sell transaction count in Form 3 transactionSummary
Holdings entries reported
0
HoldingEntries field in transactionSummary for this Form 3
Key Terms
Power of Attorney, Chief Medical Officer, ten percent owner, reporting person
4 terms
Power of Attorney regulatory
"Remarks reference Exhibit 24 - Power of Attorney."
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
Chief Medical Officer other
"Reporting person holds the title Chief Medical Officer."
A chief medical officer is a senior executive responsible for overseeing the health and medical strategies within an organization, often in the healthcare or pharmaceutical sectors. They play a key role in guiding decisions related to medical research, product safety, and healthcare policies, which can impact a company's reputation and success. For investors, understanding the chief medical officer's role helps gauge how well a company manages medical risks and advances its healthcare goals.
ten percent owner financial
"Field is_ten_percent_owner is 0 for the reporting person."
reporting person regulatory
"The data lists one reporting person, Quartel Adrian W."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the SPRB Form 3 for Adrian W Quartel disclose?
The Form 3 identifies Adrian W. Quartel as a reporting person and Chief Medical Officer of SPRUCE BIOSCIENCES, INC. It reports no transactions or holdings for him and references an Exhibit 24 Power of Attorney associated with the report.
Are any buy or sell transactions reported in SPRB's latest Form 3?
No. The transaction summary shows 0 buy transactions and 0 sell transactions for Adrian W. Quartel, with net buy/sell direction marked neutral. The Form 3 functions only as an initial identification of him as a reporting person.
What role does Adrian W Quartel hold at SPRB in the Form 3?
Adrian W. Quartel is listed as an officer of SPRUCE BIOSCIENCES, INC. with the title Chief Medical Officer. He is not identified as a director and is not marked as a ten percent owner in the Form 3 data.
What is Exhibit 24 - Power of Attorney mentioned in SPRB's Form 3?
The remarks section references Exhibit 24 - Power of Attorney, indicating that a Power of Attorney document is associated with this Form 3 report for Adrian W. Quartel. The exhibit is noted but not described further in the data provided.