BURNETT JOSEPH 4
4 · ClearPoint Neuro, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
ClearPoint Neuro (CLPT) CEO Joseph Burnett Buys 1,361 Shares via ESPP
What Happened
Joseph M. Burnett, CEO, President and a director of ClearPoint Neuro (CLPT), acquired 1,361 shares of the company's common stock on June 30, 2026. The shares were purchased at $11.93 per share under the company Employee Stock Purchase Plan (ESPP), for a total cost of approximately $16,237. This was a purchase (acquisition) reported on a Form 4.
Key Details
- Transaction date: 2026-06-30; reported on Form 4 filed 2026-07-02 (filed two days after the transaction, which appears timely for a Form 4).
- Price: $11.93 per share; Total reported value: $16,237.
- Shares acquired: 1,361.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes:
- F1: Shares bought under the ESPP for the Jan 1–Jun 30, 2026 purchase period; ESPP price = lesser of 85% of fair market value on first or last day of the period.
- F2: Shares are owned directly by the Joseph M. Burnett Trust dated 10/20/2022 and indirectly by Joseph Burnett as trustee.
Context
This was an ESPP purchase, meaning shares were bought at a discount (85% of the applicable fair market value), not open-market trading. ESPP purchases are common for employees and executives and reflect an internal plan purchase rather than a secondary-market investment decision. The filing shows a modest dollar amount (~$16k) and does not by itself indicate broader changes in insider ownership or strategy.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-30$11.93/sh+1,361$16,237→ 118,203 total
- 191,388(indirect: See Footnote)
Common Stock
[F2]
Footnotes (2)
- [F1]The reporting person is voluntarily reporting the acquisition of the Issuer's common stock pursuant to the Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of January 1, 2026 through June 30, 2026. In accordance with the ESPP, these shares were purchased at the lesser of 85% of the fair market value on either the first day or last day of the purchase period.
- [F2]These shares are owned directly by the Joseph M. Burnett Trust dated 10/20/2022 and indirectly by Joseph M. Burnett as trustee of the trust.