Krstic Velibor 4

What Happened
Krstic Velibor, identified as a 10% owner of Strata Critical Medical (SRTA), recorded the expiration of a long derivative position—1,577,500 warrants—on May 7, 2026. The warrants expired worthless under the terms of the Warrant Agreement, resulting in a disposition (no cash proceeds; $0 value).

Key Details

• Transaction date: May 7, 2026 (reported on Form 4 filed May 8, 2026).
• Transaction type/code: Expiration of long derivative position (Code H).
• Quantity: 1,577,500 shares underlying warrants; price per share listed as $0.00; total proceeds $0.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — Warrants expired worthless per the Warrant Agreement dated September 12, 2019.
• Filing timeliness: Report filed the next day (no late‑filing indication).

Context
An expired warrant is not a sale or purchase — it means the right to acquire shares lapsed and no shares were issued and no cash changed hands. As a 10% owner (insider but not necessarily an executive trade), this is an institutional‑type event reflecting derivative expiration rather than a signal of buying or selling stock.