CorMedix (CRMD) CFO Susan Blum Surrenders 8,424 Shares for Taxes

What Happened
Susan Blum, Chief Financial Officer of CorMedix Inc. (CRMD), disposed of 8,424 shares on August 29, 2026 to satisfy tax withholding related to equity compensation. The shares were valued at $8.30 each, for a total of approximately $69,919. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-08-29
• Action: Disposition to cover tax withholding (transaction code F)
• Shares involved: 8,424 shares
• Price per share: $8.30
• Gross value: ~$69,919
• Shares owned after transaction: Not specified in the provided filing details
• Filing date (Form 4): 2026-09-01
• Notable footnote: Code F indicates shares were surrendered/withheld to satisfy tax obligations on exercised awards or vested equity

Context
Tax-withholding dispositions are common when executives exercise options or receive awards; the company withholds or accepts surrender of shares to cover required taxes. These transactions are routine accounting actions and do not necessarily reflect a deliberate decision to sell shares on the open market.