CVRx (CVRX) director receives new share and stock option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CVRx, Inc. director Kevin J. Ballinger reported receiving equity compensation consisting of common shares and stock options. He was granted 8,720 shares of Common Stock at no purchase price, bringing his direct common share holdings to 8,720 shares.
He was also granted a stock option for 11,182 shares of Common Stock at an exercise price of $5.43 per share, expiring on June 1, 2036. According to the footnote, this award vests on the earlier of June 1, 2027 or the company’s 2027 annual meeting of stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ballinger Kevin J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 11,182 | $0.00 | -- |
| Grant/Award | Common Stock | 8,720 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 11,182 shares (Direct, null);
Common Stock — 8,720 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Common stock grant: 8,720 shares
Common shares held: 8,720 shares
Option grant size: 11,182 shares
+3 more
6 metrics
Common stock grant
8,720 shares
Common Stock awarded to director on June 1, 2026
Common shares held
8,720 shares
Direct Common Stock holdings after the grant
Option grant size
11,182 shares
Stock Option (right to buy) granted June 1, 2026
Option exercise price
$5.43 per share
Conversion or exercise price of stock option
Option expiration
June 1, 2036
Expiration date of the stock option grant
Vesting date trigger
June 1, 2027
Vests on earlier of this date or 2027 annual meeting
Key Terms
Stock Option (right to buy), Grant, award, or other acquisition, exercise price, vests
4 terms
Stock Option (right to buy) financial
"Stock Option (right to buy) with 11,182 shares underlying Common Stock"
Grant, award, or other acquisition financial
"Transaction code A described as Grant, award, or other acquisition"
exercise price financial
"conversion_or_exercise_price of 5.4300 per share for the option"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vests financial
"Vests on the earlier of June 1, 2027 or the Issuer's 2027 annual meeting"
FAQ
What insider transaction did CVRx (CVRX) report for Kevin J. Ballinger?
CVRx reported that director Kevin J. Ballinger received equity awards, including 8,720 shares of Common Stock and a stock option for 11,182 shares. These awards are compensation grants, not open-market purchases or sales, and were reported as acquisitions on the Form 4.
What are the key terms of Kevin J. Ballinger’s CVRx stock option grant?
Ballinger received a stock option covering 11,182 shares of CVRx Common Stock at an exercise price of $5.43 per share. The option expires on June 1, 2036 and represents a right to buy shares rather than an immediate stock purchase transaction.
When do Kevin J. Ballinger’s CVRx equity awards vest?
According to the footnote, the equity award vests on the earlier of June 1, 2027 or the company’s 2027 annual meeting of stockholders. This vesting condition applies to the grant and determines when he fully earns the associated rights in the award.