Nave Christopher 4

What Happened Nave Christopher, a director of EBR Systems, was granted a derivative award of 34,211 shares on May 6, 2026. The filing shows an acquisition at $0.00 per share (total reported value $0), indicating a compensatory equity award (e.g., restricted stock units or similar) rather than an open-market purchase or sale.

Key Details

• Transaction type: Grant/Award (derivative) of 34,211 shares
• Transaction date: 2026-05-06; Filing date: 2026-05-08
• Price: $0.00 per share; reported aggregate value: $0
• Shares owned after transaction: Not disclosed in the filing
• Vesting: Footnote — 1/12 of the shares vest on June 6, 2026 and one-twelfth each month thereafter, subject to continued service through each vesting date (monthly vesting over 12 months)
• Timeliness: Filed two days after the transaction date; no late-filing indication in the record

Context This was a company grant to a director, not an open-market buy or sell. Because it vests over time and was granted at $0, there is no immediate cash exchanged or sale proceeds to interpret as a trading signal. Grants are routine forms of director compensation and should be viewed as such; they do not by themselves indicate the director is buying or selling shares on market sentiment.