Menawat Arun Swarup 4

What Happened

• Menawat Arun Swarup, a director of Stereotaxis, was granted 43,103 restricted share units (RSUs) on July 1, 2026. The Form 4 shows an acquisition coded as an award (A) at $0.00 per unit (acquisition value $0). This is a compensatory equity grant (RSUs), not an open‑market purchase.

Key Details

• Transaction date: 2026-07-01; Transaction type/code: Grant/Award (A).
• Shares/units granted: 43,103 RSUs; purchase price reported: $0.00; reported acquisition value: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Vesting and conversion: Each RSU represents a right to receive one share on vesting (see footnote).
• Footnote: RSUs vest on the earliest of (i) the fifth anniversary of the award, (ii) the director’s service termination, or (iii) a Change of Control.
• Filing timeliness: Report filed the same day (2026-07-01); no late filing indicated.
• No tax withholding, 10b5-1 plan, or sale associated with this grant disclosed in the filing.

Context

• RSUs are a form of deferred compensation: they don’t convert into actual shares until they vest, so this grant does not represent an immediate open‑market purchase or sale. For retail investors, awards like this are standard for director compensation and are primarily a retention/compensation mechanism rather than a direct signal of near‑term trading intent.