EBR Systems CEO John McCutcheon Receives 188,462-Share Award

What Happened John McCutcheon, President, CEO and a director of EBR Systems, was granted an award on May 6, 2026 covering 188,462 derivative shares (reported at $0.00 per share in this filing). The grant is reported as an award/acquisition (derivative), not a cash purchase or sale. The filing was amended to correct the per‑share exercise price (see footnote).

Key Details

• Transaction date: May 6, 2026; original Form 4 filed May 8, 2026 and amended July 28, 2026 to reflect the correct per‑share exercise price.
• Reported price in this filing: $0.00 per share (see amendment footnote for corrected exercise price).
• Shares involved: 188,462 derivative shares awarded.
• Vesting: 1/48 of the shares vest on June 6, 2026 and then monthly thereafter (48‑month monthly vesting), contingent on continued service.
• Shares owned following the transaction: not specified in this filing.
• Filing timeliness: original Form 4 was filed May 8 (within the typical 2‑business‑day window); this is an amended filing dated July 28 to correct the exercise price.

Context This was a compensation award (derivative grant/option-like award) rather than an open‑market buy or sale; it vests monthly over four years and does not indicate an immediate sale or purchase in the market. For the exact exercise price and tax or cash‑settlement details, refer to the amended Form 4 document filed July 28, 2026.