Stereotaxis (STXS) director awarded 43,103 restricted share units in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SHAMIR NACHUM reported acquisition or exercise transactions in this Form 4 filing.
Stereotaxis, Inc. director Shamir Nachum reported an equity compensation grant in the form of restricted share units tied to the company’s common stock. The award covers 43,103 restricted share units, each representing one future share, granted at a stated price of $0.00 per share as typical for compensation grants.
Following this award, Nachum’s direct holdings increased to 179,327 shares of common stock. The restricted share units vest on the earliest of three events: the fifth anniversary of the award date, the director’s departure from the board, or a defined Change of Control, aligning vesting with long-term service or a major corporate event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SHAMIR NACHUM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43,103 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 179,327 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 43,103 units
Grant price: $0.00 per share
Shares after transaction: 179,327 shares
+1 more
4 metrics
RSU grant size
43,103 units
Restricted share units awarded to director
Grant price
$0.00 per share
Reported transaction price for RSU grant
Shares after transaction
179,327 shares
Director’s direct common stock holdings post-grant
Vesting anniversary
Fifth anniversary
One vesting trigger for restricted share units
Key Terms
restricted share units, Change of Control, grant, award, or other acquisition
3 terms
Change of Control financial
"vest on the earliest to occur of ... or (iii) a Change of Control (as defined in the award documents)."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Stereotaxis (STXS) director Shamir Nachum report in this Form 4?
Director Shamir Nachum reported receiving a grant of 43,103 restricted share units of Stereotaxis common stock. Each unit represents the right to receive one share, reflecting non-cash equity compensation that increases his alignment with shareholder interests over the long term.
Does this Stereotaxis (STXS) Form 4 involve any stock sales by Shamir Nachum?
The Form 4 reflects only an acquisition of 43,103 restricted share units as a grant, with no reported sales or dispositions. The transaction code is “A,” meaning a grant, award, or similar acquisition of Stereotaxis equity, not an open-market sale.