Stereotaxis director granted 43,103 restricted share units
Levin Ross B reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Levin Ross B reported acquisition or exercise transactions in this Form 4 filing.
Stereotaxis, Inc. director Ross B. Levin reported a grant of 43,103 restricted share units, each representing one share of common stock. These units vest on the earliest of the fifth anniversary of the award date, the end of his board service, or a defined Change of Control. Following this award, Levin directly holds 621,248 shares of common stock.
Positive
- None.
Negative
- None.
Insights
Director received a routine equity grant that modestly increases his holdings.
Director Ross B. Levin was granted 43,103 restricted share units, recorded as an acquisition with no cash price. This reflects stock-based compensation rather than an open-market purchase or sale.
The units vest on the earlier of the fifth anniversary, his board service ending, or a defined Change of Control, aligning his incentives with long-term company performance. After the grant, he directly owns 621,248 common shares, so this award increases an already substantial position without signaling any trading view on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43,103 | $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).
Key Figures
Key Terms
Change of Control regulatory
common stock financial
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