Stereotaxis (STXS) director awarded 43,103 restricted share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Curet Myriam reported acquisition or exercise transactions in this Form 4 filing.
Stereotaxis, Inc. director Myriam Curet reported receiving an equity award of 43,103 restricted share units, each representing one share of common stock. The grant was made at no cash cost to her and increased her directly owned stake to 435,161 shares.
The restricted share units vest on the earliest of the fifth anniversary of the award date, the end of her board service, or a defined Change of Control event, aligning her compensation with the company’s long-term performance and governance outcomes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Curet Myriam
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43,103 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 435,161 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 43,103 units
Price per share: $0.0000
Shares after transaction: 435,161 shares
+1 more
4 metrics
RSU grant size
43,103 units
Restricted share units awarded to director Myriam Curet
Price per share
$0.0000
Stated transaction price for the RSU grant
Shares after transaction
435,161 shares
Total directly held by Myriam Curet following the grant
Maximum vesting period
5 years
Vests no later than fifth anniversary of award date
Key Terms
restricted share units, Change of Control, board of directors
3 terms
Change of Control financial
"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.
board of directors financial
"the date on which the service of the director on the board of directors terminates"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did Stereotaxis (STXS) director Myriam Curet report?
Director Myriam Curet reported an equity award of 43,103 restricted share units. Each unit represents one Stereotaxis common share, granted at no cash cost as part of her director compensation package, increasing her reported direct holdings to 435,161 shares.
Is Myriam Curet’s Stereotaxis Form 4 transaction a purchase or a grant?
The transaction is a grant, not an open-market purchase. It is coded as an "A" transaction, described as a grant, award, or other acquisition, reflecting restricted share units awarded as compensation rather than shares bought in the market.