Elston George 4

What Happened

• George Elston, Chief Financial Officer of EyePoint, exercised/converted 7,500 restricted stock units (RSUs) that vested on May 25, 2026. The conversion/exercise price is reported as $0.00.
• To cover withholding tax obligations, 3,627 shares were withheld by the issuer at $12.93 per share, equal to $46,897. After withholding, Elston received a net 3,873 shares (7,500 - 3,627).

Key Details

• Transaction date: May 25, 2026; Filing date: May 27, 2026 (Form 4 accession 0001429932-26-000008).
• Prices/values: exercise/conversion price $0.00; withholding price $12.93; withholding value $46,897.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes of note:
  • F1: No shares were sold on the open market — shares were withheld by the issuer to satisfy tax withholding.
  • F2: Some securities are held in a family trust (JP Morgan Trust Co. Delaware) for the benefit of the reporting person’s children; the reporting person disclaims beneficial ownership of trust-held shares.
  • F3: The RSUs vest in three ratable annual installments beginning May 25, 2024 (this was a scheduled vesting installment).
• Filing appears timely (transaction on May 25, filed May 27).

Context

• This was a routine vesting/conversion of RSUs with a standard tax-withholding share retention (a form of "cashless" settlement for taxes), not an open-market sale. That means the withheld shares were surrendered to the company to cover taxes rather than sold into the market, and it should not be interpreted as a directional sell decision.