Stereotaxis director receives 46,948 restricted share units grant
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.
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 $0, increasing his directly held beneficial ownership to 992,457 shares after the transaction.
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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 46,948 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted share units. Each restricted share unit represents a right to receive one share of common stock. The restricted share units vest on the earliest to occur of (i) the fifth anniversary of the date of the award, (ii) the date on which the service of the director on the board of directors terminates, or (iii) a Change of Control (as defined in the award documents).
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.