Joseph Todisco - Apr 1, 2025 Form 4 Insider Report for CorMedix Inc. (CRMD)

Role: Chief Executive Officer, Director
Signature: /s/ Joseph Todisco
Stock symbol: CRMD
Transactions as of: Apr 1, 2025
Transactions value $: $199,995
Form type: 4
Date filed: 4/2/2025, 07:00 AM
Previous filing: Jan 22, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRMD	Common Stock	Options Exercise	$200K	+59.2K	+12.55%	$3.38	531K	Apr 1, 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	-59.2K	-11.83%	$0.00	441K	Apr 1, 2025	Common Stock	59.2K	$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.