Joseph Todisco - 01 Apr 2025 Form 4 Insider Report for CorMedix Inc. (CRMD)

Signature
/s/ Joseph Todisco
Issuer symbol
CRMD
Transactions as of
01 Apr 2025
Net transactions value
+$199,995
Form type
4
Filing time
02 Apr 2025, 07:00:03 UTC
Previous filing
22 Jan 2025
Next filing
12 Sep 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRMD Common Stock Options Exercise $199,995 +59,170 +13% $3.38 530,721 01 Apr 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRMD Stock Option (Right to Buy Common Stock) Options Exercise $0 -59,170 -12% $0.000000 440,830 01 Apr 2025 Common Stock 59,170 $3.38 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person acquired stock through the exercise of options granted on 5/10/2022. The Reporting Person paid the exercise price in cash. No sales of stock were made.
F2 These options were granted on 5/10/2022. These options vest over four years in four equal installments on the first four anniversaries of the grant date, subject to continued employment through the applicable vesting date.