Levin Ross B 4
Research Summary
AI-generated summary
Stereotaxis (STXS) Director Ross B. Levin Receives 43,103 RSUs
What Happened
Ross B. Levin, a director of Stereotaxis, Inc. (STXS), was granted 43,103 restricted share units (RSUs) on July 1, 2026. The award was recorded at $0.00 (no cash exchanged); each RSU represents a right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-07-01; Transaction type: Award/Grant (code A)
- Shares/units granted: 43,103 RSUs; reported acquisition price: $0.00 (total $0)
- Vesting: RSUs vest on the earliest of (i) the fifth anniversary of the award date, (ii) termination of the director’s service, or (iii) a Change of Control (per footnote).
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Report filed same day (2026-07-01); no late filing indicated.
Context
RSU grants are a form of compensation for directors and do not involve an immediate cash purchase or sale. They convert to actual shares only if and when vesting conditions are met, so this award does not by itself change Levin’s current share ownership or signal an immediate market trade.