O'Rourke Peter 4
Research Summary
AI-generated summary
Profusa (PFSA) Director Peter O'Rourke Receives Option Awards
What Happened
- Peter O'Rourke, a director of Profusa, Inc. (PFSA), was granted two option awards on January 26, 2026: 221,794 options and 52,866 options (total 274,660). The grants are reported as derivative securities with an acquisition price of $0.00 on the Form 4 (i.e., option awards, not immediate common-stock purchases).
Key Details
- Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (timely filing).
- Awards: 221,794 options (Footnote F1) and 52,866 options (Footnote F2); combined = 274,660 options.
- Reported acquisition price: $0.00 (derivative awards); no immediate cash value disclosed in the filing.
- Vesting: F1 (inaugural director award) vests in three equal annual installments over three years from the closing of the referenced business combination; F2 (annual director award) vests on the first anniversary of that closing.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Accession #: 0001213900-26-009029 (filed with the SEC).
Context
- These are stock option grants (derivative awards) rather than purchases of common stock — options give the right to buy shares in the future if vested and exercised. Director option awards are a routine form of non-employee director compensation and do not by themselves indicate a purchase or sale of shares.