TriSalus CCO receives 561 ESPP shares
TriSalus Life Sciences, Inc. Chief Commercial Officer Richard Marshak acquired 561 shares of common stock at $3.8700 per share.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
TriSalus Life Sciences, Inc. Chief Commercial Officer Richard Marshak acquired 561 shares of common stock at $3.8700 per share. The shares were obtained through the company’s Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3. Following this award, he directly holds 128,319 shares.
Insider Trade Summary
Grant/Award: 561 shares
Grant/Award
1 txn
Insider
Marshak Richard
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 561 | $3.87 | $2K |
Holdings After Transaction:
Common Stock — 128,319 shares (Direct)
Footnotes (1)
- F1. Represents shares acquired by the Reporting Person through the Issuer's Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3.
Key Figures
Shares acquired: 561 shares
Acquisition price: $3.8700 per share
Total direct holdings: 128,319 shares
+1 more
4 metrics
Shares acquired
561 shares
Employee Stock Purchase Plan grant under code A
Acquisition price
$3.8700 per share
Price for ESPP-acquired common stock
Total direct holdings
128,319 shares
Common stock directly owned after transaction
Transaction code
A (grant, award, or other acquisition)
Non-derivative common stock transaction type
Key Terms
Employee Stock Purchase Plan, Rule 16b-3, grant/award acquisition, common stock
4 terms
Employee Stock Purchase Plan financial
"Represents shares acquired by the Reporting Person through the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3 regulatory
"through the Issuer's Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
grant/award acquisition financial
"transaction_action: grant/award acquisition for common stock"
common stock financial
"security_title: Common Stock with direct ownership reported"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TriSalus Life Sciences (TLSI) disclose in this Form 4 for Richard Marshak?
TriSalus Life Sciences reported that Chief Commercial Officer Richard Marshak acquired 561 common shares. The shares were obtained through the company’s Employee Stock Purchase Plan in a transaction classified as a grant or award and exempt under Rule 16b-3.
What are Richard Marshak’s total TriSalus (TLSI) holdings after this transaction?
After this transaction, Richard Marshak directly holds 128,319 shares of TriSalus common stock. This total includes the 561 shares acquired through the Employee Stock Purchase Plan, as reported in the latest Form 4 filing.
Does the Form 4 indicate if Richard Marshak’s TriSalus (TLSI) holdings are direct or indirect?
The filing indicates that Richard Marshak’s holdings are direct, using ownership code D. The transaction and resulting 128,319 shares are reported as directly owned, with no separate entity or indirect ownership structure referenced in the data provided.
AI-generated analysis. How Rhea-AI works. Not financial advice.
