EBR Systems Director Evans Bronwyn Receives 34,211-Share Award

What Happened

Evans Bronwyn, a director of EBR Systems, was granted a derivative award covering 34,211 shares on May 6, 2026. The Form 4 lists a per-share price of $0.00 for the acquisition (total $0 on the face of the filing), and the transaction is reported as an award/acquisition of a derivative instrument rather than an open-market purchase or sale.

This is an award/compensation event (not a sale). The award is subject to vesting, so the shares are not fully owned or immediately marketable.

Key Details

• Transaction date: 2026-05-06; Form 4 filed (amended) on 2026-07-28 — filing was late.
• Reported consideration: $0.00 per share as shown in the filing (total $0); footnote indicates the original Form 4 was amended to correct the per-share exercise price.
• Shares/units granted: 34,211 (derivative award).
• Vesting: 1/12 of the shares vest on June 6, 2026 and then monthly thereafter, subject to continued service.
• Post-transaction total shares owned: not provided in the summary excerpt.
• Filing status: AMENDED filing — the amendment corrects the per-share exercise price (investors should review the amended filing for the accurate exercise price).

Context

This was a derivative award (likely options or restricted-equity units) subject to a monthly vesting schedule; such awards are typically compensation rather than immediate market purchases and do not by themselves indicate an intent to buy or sell stock. Because the Form 4 was amended to correct the exercise price and filed late, check the full amended filing for the definitive exercise price and any additional details before drawing conclusions.