Richards Timothy T. 4
4 · ClearPoint Neuro, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
ClearPoint Neuro (CLPT) Director Timothy Richards Receives 222 Shares
What Happened Timothy T. Richards, a director of ClearPoint Neuro, received an award of 222 shares on 2026-07-01. The shares were issued at $17.84 per share for a total value of $3,960. This transaction is coded as an acquisition/award (A) — shares issued as compensation rather than an open-market purchase.
Key Details
- Transaction date and price: 2026-07-01 at $17.84 per share (total $3,960).
- Filing date: Form 4 filed 2026-07-06 (appears to be filed late; Form 4s are generally due within 2 business days of the transaction).
- Shares owned after transaction: Not reported in the provided filing excerpt.
- Footnote: Shares were issued under the issuer’s Seventh Amended and Restated 2013 Incentive Compensation Plan to satisfy fees owed under the Non-Employee Director Compensation Plan; issuance price was the closing price on June 30, 2026.
Context
- This was an award of shares as director compensation (routine non-employee director pay), not a purchase or sale on the open market. Such awards are common and reflect compensation, not necessarily a signal about the director’s view of the stock.
- No option exercise, sale, gift, or 10% owner activity is involved in this transaction.
Insider Transaction Report
Form 4
Richards Timothy T.
Director
Transactions
- Award
Common Stock
[F1]2026-07-01$17.84/sh+222$3,960→ 87,544 total
Footnotes (1)
- [F1]These shares were issued pursuant to the issuer's Seventh Amended and Restated 2013 Incentive Compensation Plan, in payment of fees owed to the reporting person under the issuer's Non-Employee Director Compensation Plan, as amended and restated. The shares were issued at the closing price of the issuer's common stock at June 30, 2026.
Signature
/s/ Danilo D'Alessandro, by Power of Attorney for Timothy T. Richards|2026-07-06