ClearPoint Neuro (CLPT) CBO settles RSUs, 15,151 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ClearPoint Neuro, Inc. Chief Business Officer L. Jeremy Stigall settled restricted stock units into common shares as part of scheduled vesting. Each unit converts into one share of common stock, and this transaction reflects the routine exercise or conversion of 30,995 restricted stock units.
In connection with the vesting, 15,151 shares of common stock were delivered back to ClearPoint Neuro at $11.53 per share to satisfy tax withholding obligations, rather than being sold in the open market. After these transactions, Stigall directly holds 108,482 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,995 shares exercised/converted
Mixed
3 txns
Insider
STIGALL L. JEREMY
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,995 | $0.00 | -- |
| Exercise | Common Stock | 30,995 | $0.00 | -- |
| Tax Withholding | Common Stock | 15,151 | $11.53 | $175K |
Holdings After Transaction:
Restricted Stock Units — 30,995 shares (Direct);
Common Stock — 123,633 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of ClearPoint Neuro, Inc. ("CLPT") common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date. Represents the amount of shares delivered to CLPT to satisfy applicable tax withholding obligations in connection with the vesting of shares of restricted stock.
FAQ
What insider transaction did ClearPoint Neuro (CLPT) report for L. Jeremy Stigall?
ClearPoint Neuro reported that Chief Business Officer L. Jeremy Stigall settled 30,995 restricted stock units into common shares on their scheduled vesting date, a routine compensation-related event with no open-market share purchases or sales disclosed.
Did the ClearPoint Neuro (CLPT) insider exercise options or restricted stock units?
The insider exercised or converted 30,995 restricted stock units, each representing a right to receive one share of ClearPoint Neuro common stock. This settlement occurred on the scheduled vesting date, consistent with the company’s equity compensation arrangements for executives.