|4Jan 27, 9:31 PM ET

Blum Susan 4

4 · CorMedix Inc. · Filed Jan 27, 2026

Research Summary

AI-generated summary of this filing

Updated

CorMedix (CRMD) CFO Susan Blum Receives RSU Award

What Happened

  • Susan Blum, Chief Financial Officer of CorMedix Inc. (CRMD), received a grant of 72,820 restricted stock units (RSUs) on 2026-01-23 (acquisition price $0.00).
  • To satisfy tax withholding on the award, 9,767 shares were disposed/withheld at $7.27 per share, totaling $71,006. The withholding is recorded under code F (tax withholding).

Key Details

  • Transaction date: 2026-01-23; Form 4 filed: 2026-01-27 (filed within the required 2 business days).
  • Grant: 72,820 RSUs (acquired at $0.00).
  • Withheld for taxes: 9,767 shares disposed at $7.27 each = $71,006.
  • Shares owned after the transaction: not specified in the filing.
  • Footnote: RSUs (granted 01/23/2026) represent the right to one share each; vesting is 1/4 at grant and then 1/4 on each of the next three anniversaries, subject to continued employment.
  • Filing includes Exhibit 24.1 (Power of Attorney).

Context

  • RSU grants are a form of compensation (not an open-market purchase or sale). The share withholding for taxes is a routine administrative step and is not the same as an open-market sale that signals a personal liquidity decision.
  • For retail investors, this is informational about executive compensation and potential future dilution as remaining RSUs vest and convert into shares.

Insider Transaction Report

Form 4
Period: 2026-01-23
Blum Susan
Chief Financial Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-01-23+72,820142,506 total
  • Tax Payment

    Common Stock

    2026-01-23$7.27/sh9,767$71,006132,739 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.
Signature
/s/ Beth Zelnick Kaufman, attorney-in-fact|2026-01-27

Documents

2 files