John Robert Allen 4
Research Summary
AI-generated summary
CVRx (CVRX) CRO John Allen Sells Shares, Receives RSU Awards
What Happened
John Robert Allen, Chief Revenue Officer of CVRx (CVRX), completed a small open-market sale and received two equity awards. On March 2, 2026 he sold 3,964 shares of CVRx common stock for a total of about $31,326 (weighted average price reported at $7.90; individual sale prices ranged $7.90–$7.994). On February 27, 2026 he was granted two awards totaling 87,000 restricted stock units (35,000 RSUs and 52,000 RSUs) at $0.00 acquisition price (i.e., awards/derivative grants).
Key Details
- Transactions:
- 2026-02-27: Award (A) — 35,000 RSUs at $0.00 (vest schedule: 25% each annual anniversary) [F1].
- 2026-02-27: Award/Derivative (A) — 52,000 RSUs at $0.00 (vests 25% on 2/27/2027 then 1/48th monthly) [F4].
- 2026-03-02: Sale (S) — 3,964 shares sold, weighted avg $7.90, total proceeds ~$31,326; sale prices ranged $7.90–$7.994 [F3].
- The March 2 sale was a sell-to-cover mandated by the issuer’s award agreement to satisfy tax withholding obligations [F2].
- Shares owned after the transactions are not specified in the excerpt of the filing provided.
- Filing status: Form 4 filed 2026-03-03 — appears timely for the reported transactions.
Context
- The grants are restricted stock units (RSUs) with multi-year vesting schedules; these are derivative awards (not open-market purchases).
- The small sale was to cover taxes on the award (routine sell-to-cover) and should not be read as a directional bet on the stock; purchases are generally more informative about insider sentiment.
- If you need the exact breakdown of shares sold at each price, the filer notes they will provide that information upon request to the SEC, the issuer, or a security holder [F3].