EBR Systems Director Karen Drexler Receives 34,211-Share Award

What Happened

• Karen Drexler, a director of EBR Systems, received an award/acquisition of 34,211 shares (reported as a derivative instrument) on May 6, 2026. The filing lists a per-share exercise price of $0.00 (total reported value $0.00). This filing is an amended Form 4 correcting the per-share exercise price from the original May 8, 2026 filing.

Key Details

• Transaction date: May 6, 2026; Form 4 originally filed May 8, 2026 and amended July 28, 2026 (Accession 0001504699-26-000005) to correct exercise price.
• Transaction type/code: Grant / Award / Acquisition (A) — derivative shares.
• Shares involved: 34,211 shares; reported per-share exercise price $0.00 (total $0.00).
• Shares owned after transaction: Not disclosed in this filing.
• Vesting: Footnote states 1/12 of the shares vest on June 6, 2026 and then monthly thereafter, contingent on continued service.
• Filing note: Amended to correct the per-share exercise price (no indication of a late initial report beyond the amendment).

Context

• This is an equity award/derivative grant to an insider (not a sale). For retail investors, awards indicate the company is compensating the director with equity-linked instruments; they are not immediate open-market purchases. The award vests over time (monthly after June 6, 2026), so any future sales or exercises would be reported separately when they occur.