CVRx (CVRX) CMO granted 62K options, 41K RSUs and sells 1.3K shares
Rhea-AI Filing Summary
CVRx, Inc. reported that Chief Medical Officer Philip B. Adamson received new equity awards and completed a small share sale tied to tax withholding. On February 27, 2026, he was granted stock options for 62,000 shares of common stock at an exercise price of $8.16 per share, expiring on February 26, 2036, along with 41,000 restricted stock units. The restricted stock units vest 25% on each annual anniversary of the grant date, and the options vest 25% on February 27, 2027 with the remainder vesting monthly thereafter. On March 2, 2026, he sold 1,262 shares of common stock at a weighted average price of about $7.90 per share in multiple trades between $7.90 and $8.00, a sale that was mandated by the award agreement to satisfy tax withholding obligations through a sell-to-cover transaction. Following these transactions, he directly held 61,578 common shares.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,262 | $7.9027 | $10K |
| Grant/Award | Stock Option (right to buy) | 62,000 | $0.00 | -- |
| Grant/Award | Common Stock | 41,000 | $0.00 | -- |
Footnotes (1)
- Restricted stock units that vest as to 25% of the shares on each annual anniversary of the grant date. Includes 1,840 shares acquired under Issuer's Employee Stock Purchase Plan. The sale was mandated by the issuer's award agreement to satisfy tax withholding obligations by a sell-to-cover transaction. Reflects the weighted average price of 1,262 shares of common stock of CVRx, Inc. sold by the reporting person in multiple transactions on March 2, 2026 with sale prices ranging from $7.90 to $8.00 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Vests as to 25% of the shares on February 27, 2027 and as to 1/48th of the shares each month thereafter.