Research Summary
AI-generated summary of this SEC filing
CVRx (CVRX) COO Brent Binkowski Buys 26,223 Shares
What Happened
- Brent Binkowski, Chief Operating Officer of CVRx, Inc. (CVRX), purchased 26,223 shares of CVRx common stock in an open-market purchase on August 13, 2026. The weighted average purchase price was $2.91 per share, for a total cost of approximately $76,432.
- A footnote clarifies the shares were acquired in multiple trades at prices ranging from $2.87 to $2.96; the reporting person offers to provide a breakdown of shares bought at each price on request.
Key Details
- Transaction date: August 13, 2026
- Transaction type/code: Open-market purchase (Code P)
- Price: Weighted average $2.91; individual trade prices ranged $2.87–$2.96
- Total value: ~$76,432
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnote: F1 confirms multiple trades and the weighted-average price; reporting person will supply per-price details to the SEC, issuer, or a security holder upon request
- Filing timeliness: Form 4 filed for the period ending Aug 13, 2026 (no late filing indicated in the information provided)
Context
- This was a straightforward open-market purchase (not an option exercise, award, or gift). Insider purchases are often watched by retail investors as a direct insider buy, but the filing does not state any motivation.
- The purchase size (~$76k) is modest relative to many executive buys; treat it as a small, direct purchase rather than a large, programmatic trade.