Catheter Precision (VTAK) director receives 40,000 stock options at $1.15 strike
Rhea-AI Filing Summary
Catheter Precision, Inc. director Arno Andrew received a grant of stock options as part of his compensation. The award covers 40,000 options to buy common stock at an exercise price of $1.15 per share, expiring on March 26, 2036. The options vest 100% on the 180-day anniversary of the grant date, and following this grant he holds 40,000 derivative securities of this type directly.
Positive
- None.
Negative
- None.
Insights
Director receives 40,000 stock options in routine equity grant.
Director Arno Andrew was granted 40,000 options to buy Catheter Precision common stock at $1.15 per share, expiring on March 26, 2036. The filing classifies this as a grant or award, not an open-market purchase.
The options vest in full 180 days after the grant date, which is a relatively short vesting period compared with multi-year schedules. This grant is direct ownership and appears to be standard board compensation rather than a discretionary market bet.
Because there are no sales and no exercises, and the filing shows only this single award, the economic signal is mainly that the company continues to use equity incentives to align director pay with shareholder outcomes. The scale and impact relative to overall shares outstanding are not detailed in this excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Right to Buy) | 40,000 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
Options (Right to Buy) financial
Grant, award, or other acquisition financial
vesting financial
exercise price financial
Common Stock financial
FAQ
What did Catheter Precision (VTAK) director Arno Andrew report on this Form 4?
What are the key terms of the 40,000 options granted to Arno Andrew at Catheter Precision (VTAK)?
When do Arno Andrew’s Catheter Precision (VTAK) options vest?
How many Catheter Precision (VTAK) derivative securities does Arno Andrew hold after this transaction?
What does the $1.15 exercise price mean for Arno Andrew’s Catheter Precision (VTAK) options?