Hurlburt Elizabeth 4
4 · CorMedix Inc. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
CorMedix (CRMD) COO Elizabeth Hurlburt Receives RSU Award
What Happened Elizabeth Hurlburt, Chief Operating Officer of CorMedix (CRMD), was granted 93,010 restricted stock units (RSUs) on January 23, 2026 (reported on Form 4 filed Jan 27, 2026). As part of tax withholding, 10,778 shares were surrendered/disposed at a reported withholding price of $7.27 per share, totaling approximately $78,356. The RSU grant itself is reported as an award (code A); the share surrender for taxes is reported under code F.
Key Details
- Transaction date: 2026-01-23; Form 4 filed: 2026-01-27 (timely filing — within required two business days).
- Grant: 93,010 RSUs (each RSU equals one share); reported acquisition price $0.00 (award).
- Tax withholding: 10,778 shares withheld/disposed at $7.27/share = $78,356 (reported as a disposition to cover tax liability).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote: RSUs vest 1/4 on the grant date and 1/4 each year on the first, second and third anniversaries, subject to continued employment.
Context RSU grants are awards that convert into common shares as they vest — they are not open-market purchases and typically reflect compensation rather than a direct buy or sell signal. The withholding of shares to cover taxes (code F) is a routine administrative step (often a net-share settlement) and does not necessarily indicate a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-23+93,010→ 253,311 total - Tax Payment
Common Stock
2026-01-23$7.27/sh−10,778$78,356→ 242,533 total
Footnotes (1)
- [F1]These shares represent restricted stock units granted on 01/23/2026. Each restricted stock unit represents the right to receive one share of CorMedix Inc. common stock. These restricted stock units vest 1/4 on the date of grant, and, subject to continued employment, 1/4 on the first anniversary of the date of grant, 1/4 on the second anniversary of the date of grant and 1/4 on the third anniversary of the date of grant.