EBR Systems Director John McCutcheon Exercises 109,100 Options Into CDIs

An announcement from EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh ( (AU:EBR) ) is now available.

EBR Systems has reported a change in director John McCutcheon’s interests, following the exercise of stock options into CHESS Depositary Interests in the company. McCutcheon converted 109,100 unquoted options into an equal number of quoted CDIs at an exercise price of US$0.55 per share, leaving him with 109,100 CDIs and 12,551,572 remaining options.

The transaction reflects a routine adjustment in the director’s holdings rather than a new capital raise or secondary sale, and does not involve any related contracts or trades during a closed period. The move modestly increases McCutcheon’s direct equity stake in EBR Systems while maintaining a substantial option-based exposure to the company’s future performance.

The most recent analyst rating on (AU:EBR) stock is a Buy with a A$2.47 price target. To see the full list of analyst forecasts on EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh stock, see the AU:EBR Stock Forecast page.

More about EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh

EBR Systems, Inc. is a medical technology company focused on cardiac pacing solutions, including its leadless WiSE CRT system for heart failure patients. The company targets global cardiovascular markets by developing implantable devices designed to improve outcomes in cardiac resynchronization therapy.

Average Trading Volume: 499,849

Technical Sentiment Signal: Sell

Current Market Cap: A$301.7M

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