Profusa (PFSA) CFO Fred Knechtel Receives 818,961 Shares & 516,863 Warrants

What Happened
Fred S. Knechtel, Chief Financial Officer of Profusa, Inc. (PFSA), acquired 818,961 shares of common stock and received 516,863 warrants to purchase common stock on 2026-01-26. Both items were distributed for no consideration by NorthView Sponsor I LLC to its members (footnote F1). The common shares show no purchase price (N/A) and the warrants were recorded at $0.00; these were not open‑market purchases or sales.

Key Details

• Transaction date: 2026-01-26 (reported on Form 4 filed 2026-02-02).
• Securities received: 818,961 shares of Common Stock; 516,863 warrants to purchase Common Stock (derivative). Warrants reported at $0.00 (acquired).
• Transaction code: J (other acquisition or disposition). Footnote F1: distribution for no consideration by NorthView Sponsor I LLC to the reporting person.
• Shares owned after transaction: not specified in the provided filing details.
• Timeliness: The Form 4 was filed on 2026-02-02 for a 2026-01-26 transaction (late filing). Late Form 4s can raise timing/record-keeping concerns but do not by themselves indicate trading intent.

Context
A warrant is a derivative giving the holder the right (but not the obligation) to buy common shares at a later date/price; these warrants were received, not exercised. This was a sponsor distribution (internal reallocation of issuer securities) rather than an open‑market purchase or sale, so it should not be read as a straightforward bullish or bearish market signal from the insider.