4Accepted Sep 4, 10:47 AM ET
Profusa (PFSA) CEO Jack Stover Receives 32,018 Shares, Disposes 301,991
Accepted (ET)
10:47 AM
Sep 4, 2026
Filed
Sep 4, 2026
Documents
1
Size
7.3 KB
Summary
Profusa (PFSA) CEO Jack Stover Receives 32,018 Shares, Disposes 301,991
What Happened
- Jack E. Stover, CEO of Profusa, reported two related transactions on August 21, 2026: an acquisition of 32,018 shares at $0.00 and a disposition of 301,991 shares at $0.00. Both transactions are coded as "J" (other acquisition or disposition) and were reported on a Form 4 filed September 4, 2026. The reported dollar values for both transactions are $0.
Key Details
- Transaction date: 2026-08-21; Form 4 filed: 2026-09-04 (appears late vs. the usual 2-business-day reporting window for officers).
- Prices: $0.00 per share for both the acquisition (32,018) and disposition (301,991); total reported value $0.
- Shares owned after transaction: Form notes the reporting person directly holds 73 shares; the filing does not state a consolidated total beneficial ownership following these transactions.
- Footnotes: The transactions reflect a pro rata distribution from NorthView Sponsor I LLC (of which Stover is a manager). NorthView distributed all its Issuer shares to its members, including 32,018 to Stover. Stover may be deemed to share beneficial ownership of securities held by NorthView Sponsor I LLC but disclaims beneficial ownership except to his pecuniary interest.
- Transaction code: J = other acquisition or disposition (used here for internal distribution among LLC members, not an open-market trade).
Context
- These were internal transfers related to a sponsor LLC distribution, not market purchases or open-market sales, and thus do not necessarily indicate CEO buying or selling sentiment. Because the filing date is well after the transaction date, investors may note the late reporting but should treat the moves as redistribution of sponsor-held shares rather than routine trades.