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Sensus Healthcare (SRTS) CFO adjusts stake after 3,935-share tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Sensus Healthcare, Inc. chief financial officer Javier Rampolla reported a routine share adjustment linked to equity compensation. On July 21, 2022, 3,935 shares of common stock were withheld at $10.51 per share to cover his tax obligation from vested restricted stock. After this withholding, he beneficially owned 48,114 shares of common stock directly. The amended filing also corrects an earlier Form 4 that had overstated his holdings by 742 shares, revising the previously reported 48,856 shares to the accurate 48,114 shares as of that date.

Positive

  • None.

Negative

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Insider Rampolla Javier
Role CHIEF FINANCIAL OFFICER
Type Security Shares Price Value
Tax Withholding Common Stock 3,935 $10.51 $41K
Holdings After Transaction: Common Stock — 48,114 shares (Direct, null)
Footnotes (1)
  1. Represents shares withheld to pay the reporting person's withholding tax obligation arising solely in connection with the vesting of restricted stock. On July 25, 2022, the reporting person filed a Form 4 (the "Original Report") which inadvertently reported that the reporting person owned 48,856 shares of the issuer's common stock as of July 21, 2022. In fact, the reporting person held 48,114 shares of the issuer's common stock as of July 21, 2022. As a result of the error in the Original Report, the number of shares of common stock beneficially owned by the reporting person as reported on each Form 4 filed by the reporting person between the date of the Original Report and the filing of this amendment to the Original Report was overstated by 742 shares.
Tax-withheld shares 3,935 shares Shares withheld to cover tax on restricted stock vesting on July 21, 2022
Withholding price $10.51 per share Price used for 3,935 tax-withheld shares
Holdings after transaction 48,114 shares Common stock beneficially owned directly after July 21, 2022 withholding
Prior overstatement 742 shares Difference between incorrectly reported 48,856 and correct 48,114 shares
withheld to pay the reporting person's withholding tax obligation financial
"Represents shares withheld to pay the reporting person's withholding tax obligation arising solely in connection with the vesting of restricted stock."
restricted stock financial
"withholding tax obligation arising solely in connection with the vesting of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 4 regulatory
"the reporting person filed a Form 4 (the "Original Report") which inadvertently reported that the reporting person owned 48,856 shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficially owned financial
"the number of shares of common stock beneficially owned by the reporting person as reported on each Form 4"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
withholding tax obligation financial
"Represents shares withheld to pay the reporting person's withholding tax obligation arising solely in connection with the vesting of restricted stock."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rampolla Javier

(Last)(First)(Middle)
851 BROKEN SOUND PARKWAY NW STE 215

(Street)
BOCA RATON FLORIDA 33487

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sensus Healthcare, Inc. [ SRTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF FINANCIAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/21/2022
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
07/25/2022
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/21/2022F3,935(1)D$10.5148,114(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to pay the reporting person's withholding tax obligation arising solely in connection with the vesting of restricted stock.
2. On July 25, 2022, the reporting person filed a Form 4 (the "Original Report") which inadvertently reported that the reporting person owned 48,856 shares of the issuer's common stock as of July 21, 2022. In fact, the reporting person held 48,114 shares of the issuer's common stock as of July 21, 2022. As a result of the error in the Original Report, the number of shares of common stock beneficially owned by the reporting person as reported on each Form 4 filed by the reporting person between the date of the Original Report and the filing of this amendment to the Original Report was overstated by 742 shares.
/s/ /s/ Javier Rampolla04/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Sensus Healthcare (SRTS) CFO Javier Rampolla report in this Form 4/A?

CFO Javier Rampolla reported a correction to his share ownership and a routine tax-related share withholding. The filing shows 3,935 shares were withheld on restricted stock vesting, and his accurate direct holdings were 48,114 shares of Sensus Healthcare common stock as of July 21, 2022.

Was the Sensus Healthcare (SRTS) Form 4/A an open-market sale by the CFO?

No, the Form 4/A does not show an open-market sale. It reports 3,935 shares withheld to satisfy Javier Rampolla’s tax obligation from restricted stock vesting, a non-market transaction, and corrects an earlier overstatement of his beneficial ownership by 742 shares.

How many Sensus Healthcare (SRTS) shares did the CFO hold after the reported transaction?

After the transaction, CFO Javier Rampolla beneficially owned 48,114 shares of Sensus Healthcare common stock directly. This figure reflects shares remaining after 3,935 shares were withheld for taxes on restricted stock vesting and corrects a prior Form 4 that had overstated his holdings.

What error does this Sensus Healthcare (SRTS) Form 4/A amendment correct?

The amendment corrects an earlier Form 4 that overstated Javier Rampolla’s holdings. The original report showed 48,856 shares as of July 21, 2022, but the accurate number was 48,114 shares, meaning his beneficial ownership had been overstated by 742 shares in subsequent filings.

What is the nature of the 3,935 Sensus Healthcare (SRTS) shares disposed of in this filing?

The 3,935 shares are reported as a tax-withholding disposition. These shares were withheld by Sensus Healthcare to pay Javier Rampolla’s withholding tax obligation arising solely from the vesting of restricted stock, rather than being sold on the open market for investment purposes.