Nielsen Kirk G. 4
Research Summary
AI-generated summary
CVRx (CVRX) Director Kirk G. Nielsen Receives Award of 19,902 Shares
What Happened
- Kirk G. Nielsen, a director of CVRx, was granted a total of 19,902 shares on June 1, 2026: 8,720 shares (direct award) and 11,182 derivative shares (award held by Vensana Capital I, L.P.). Both were reported at $0.00 (grant/award, not an open‑market purchase), so reported cash value = $0. These awards vest on the earlier of June 1, 2027 or CVRx’s 2027 annual meeting (see footnote).
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely).
- Price reported: $0.00 (award/grant — transaction code A).
- Shares granted: 8,720 (direct) + 11,182 (derivative) = 19,902 total.
- Vesting: earlier of June 1, 2027 or issuer’s 2027 annual meeting (footnote F1).
- Derivative/ownership note: 11,182 shares are held by Vensana Capital I, L.P.; Nielsen is a Managing Director of the GP and shares voting/dispositive power but disclaims beneficial ownership except to his pecuniary interest (footnote F2).
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
- These entries are awards to a director (common compensation practice) rather than purchases or sales by the insider; they do not necessarily reflect a personal market buy or sell decision. The derivative grant indicates institutional holdings through Vensana rather than direct beneficial ownership by Nielsen.