4Filed Aug 12, 8:00 PM ET

CVRx (CVRX) COO Brent Binkowski Sells Shares

$CVRX · CVRx, Inc.

Research Summary

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CVRx (CVRX) COO Brent Binkowski Sells Shares

What Happened

  • Brent Binkowski, Chief Operating Officer of CVRx, sold 1,309 shares of CVRx common stock on August 12, 2026 for total proceeds of approximately $3,338. The sale was a disposition (S) — not a purchase — and was executed as a sell-to-cover to satisfy tax withholding obligations.

Key Details

  • Transaction date: August 12, 2026; Filing date: August 13, 2026 (filed one day after the transaction).
  • Price: weighted average price shown as $2.55 per share; sale prices ranged from $2.55 to $2.564 per share across multiple trades (footnote notes full breakdown available on request).
  • Shares sold: 1,309; Proceeds: ~$3,338.
  • Reason/footnote: Sale mandated by the issuer's award agreement to satisfy tax withholding (sell-to-cover). Footnote also states the weighted average and price range and offers to provide exact per-trade amounts on request.
  • Shares owned after transaction: Not specified in the provided filing.
  • Timeliness: Filing appears timely (reported the next day; Form 4s are typically due within two business days).

Context

  • Sell-to-cover transactions are routine administrative sales to cover tax obligations from equity awards and do not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases are generally more informative about insider sentiment than routine withholding sales.