Parker Craig C 4

What Happened
Craig C. Parker, CEO of Surrozen, reported RSU-related activity and an open-market sale. On May 1, 2026, 12,500 restricted stock units (RSUs) converted/exercised into shares. On May 4, 2026, Parker sold 4,524 shares in the open market at a weighted average price of $33.33, generating $150,798; the filing notes those sales were to cover withholding taxes on the vested RSUs.

Key Details

• Transaction dates: RSU conversion/exercise recorded May 1, 2026; sale executed May 4, 2026.
• Sale details: 4,524 shares sold at a weighted average price of $33.33; total proceeds $150,798. Report indicates individual sale prices ranged $33.04–$33.63.
• RSU conversion: 12,500 RSUs converted/treated as derivative exercise on May 1, 2026 (per filing entries).
• Footnotes: F1—each RSU = right to one share; F2—shares sold were to cover withholding taxes and were initiated by the issuer; F3—these RSUs vest in two equal installments on May 1, 2026 and May 1, 2027.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: report filed May 5, 2026 for May 1 transactions (appears later than the typical 2-business-day window).

Context
This was a routine tax-withholding sale tied to RSU vesting (not an independent investment sale). The filing shows RSUs were converted into shares and a portion sold to satisfy withholding obligations; such transactions are common following equity vesting and do not, by themselves, indicate a change in insider sentiment.