EBR Systems Host-Plus (10% Owner) Buys 7.7M Shares
$NONE · EBR Systems, Inc.Research Summary
AI-generated summary of this SEC filing
EBR Systems Host-Plus (10% Owner) Buys 7.7M Shares
What Happened
Host-Plus Pty Ltd as trustee for the HOSTPLUS Pooled Superannuation Trust (a 10% owner) acquired 7,700,119 shares of EBR Systems, Inc. on August 21, 2026. The reported price was $2.70 per share, for a total transaction value of $20,790,321. The filing lists the transaction as a purchase (code P), i.e., an acquisition rather than a sale.
Key Details
- Transaction date: 2026-08-21; Price: $2.70 per share; Shares acquired: 7,700,119; Total value: $20,790,321.
- Transaction type: Purchase (open-market or private purchase).
- Reporting status: Host-Plus is identified as a 10% owner (institutional), not an individual executive.
- Footnotes of note:
- F1: These shares represent common stock underlying CHESS Depositary Interests (CDIs) traded on the Australian Securities Exchange (ASX).
- F2: The filing ties the USD price to an AUD-denominated placement (A$0.38 per CDI = A$3.80 per share) using an AUD/USD rate of 0.71 on settlement (hence ~US$2.70).
- Other footnotes (F3–F6) describe trustee ownership structures and beneficiary/dispositive-power arrangements for the institutional holders.
- Shares owned after this transaction: not specified in the excerpt provided.
- Filing timeliness: no late-filing indication appears in the provided excerpt.
Context
This was an institutional purchase by a major shareholder (Host-Plus), which is generally more indicative of portfolio/investment activity than insider sentiment from company officers. The securities involved are CDIs on the ASX and the USD amounts reflect conversion from an AUD placement price per the filing notes. No options, awards, or gifts were involved — just an outright acquisition.