NeuroPace Inc·4

Jun 22, 4:32 PM ET

Kumar Rakhi 4

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NeuroPace (NPCE) Director Kumar Rakhi Receives 989-Share Award

What Happened Kumar Rakhi, a director of NeuroPace, received an award of 989 shares on 2026-06-19 at an acquisition value of $15.63 per share, totaling $15,458. The transaction is coded "A" (award/other acquisition) — this was issuance of shares as compensation, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-19; Filing date (Form 4): 2026-06-22 (filed within the normal reporting window).
  • Price reported: $15.63 per share; Total value: $15,458.
  • Shares received: 989 shares.
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnote: Shares issued pursuant to the issuer's non-employee director compensation policy in lieu of quarterly retainer fees (Footnote F1).
  • Transaction code: A = Award/other acquisition.

Context This was a routine director compensation award rather than a market purchase or sale. Such awards are common for non-employee directors and mainly reflect pay, not necessarily a signal about the director's view of the company's stock.