Lorenc Zbigniew Paul 4

What Happened
Lorenc Zbigniew Paul, a director of Conexeu Sciences, was issued 11,175 shares as an award/acquisition on 2026-05-14. The Form 4 reports a $0.00 cash price for the shares, while a footnote states a deemed price of $4.00 per share for total compensation of $44,700 payable in stock. This transaction is an award/compensation issuance (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-14 (reported on Form 4 filed 2026-05-15).
• Reported price: $0.00 per share on Form 4; footnote indicates deemed price $4.00/share.
• Shares issued: 11,175 shares; deemed total compensation = $44,700.
• Shares owned after transaction: not disclosed in this filing.
• Footnote (F1): Shares issued to satisfy compensation owed for services; no cash paid.
• Filing timeliness: Filed next day (timely based on reported period).

Context
This was a compensation grant to a director payable in shares, which is common for board service. Such awards reflect remuneration arrangements and do not, by themselves, indicate that the insider is buying or selling based on private views of the company. The footnote’s deemed value provides an estimate of the compensation cost and potential dilution but is not a market trade.