Stereotaxis (STXS) director Menawat reports 46,948-share RSU award
Rhea-AI Filing Summary
Stereotaxis, Inc. director Arun S. Menawat reported receiving a new equity award in the form of restricted share units of the company’s common stock. On 01/02/2026, he was granted 46,948 shares of common stock at a stated price of
The filing explains that each restricted share unit represents the right to receive one share of common stock. These units vest on the earliest of three events: the fifth anniversary of the award date, the date his service as a director on the board ends, or the occurrence of a Change of Control as defined in the award documents.
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FAQ
What insider transaction did Stereotaxis (STXS) report for Arun S. Menawat?
The company reported that director Arun S. Menawat received a grant of 46,948 restricted share units of Stereotaxis common stock on 01/02/2026.
How many Stereotaxis (STXS) shares does Arun S. Menawat beneficially own after this transaction?
Following the reported grant, Arun S. Menawat beneficially owns 992,457 shares of Stereotaxis, Inc. common stock in direct ownership.
What are the vesting conditions for the new restricted share units at Stereotaxis (STXS)?
The restricted share units vest on the earliest of five years from the award date, the date the director’s board service ends, or a Change of Control as defined in the award documents.
What does each restricted share unit granted by Stereotaxis (STXS) represent?
Each restricted share unit represents a right to receive one share of Stereotaxis common stock upon vesting under the terms of the award.
What role does the reporting person hold at Stereotaxis (STXS)?
The reporting person, Arun S. Menawat, is identified in the filing as a Director of Stereotaxis, Inc.