Axogen (AXGN) director receives 14,150 shares as $150,000 RSU grant vests
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Axogen, Inc. director Wendell Amy McBride acquired 14,150 shares of common stock through the vesting and conversion of restricted stock units on June 19, 2026. These RSUs were an annual equity grant for Board service, valued at $150,000 as of the grant date.
Each vested unit converted into one share of Axogen common stock, increasing McBride’s directly held position to 107,976 shares after the transaction. This is a compensation-related derivative exercise, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,150 shares exercised/converted
Mixed
2 txns
Insider
Wendell Amy McBride
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,150 | $0.00 | -- |
| Exercise | Common Stock | 14,150 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 107,976 shares (Direct, null)
Footnotes (1)
- This reflects the number of restricted stock units that vested June 19, 2026. Each restricted stock unit represents a contingent right to receive one share of Axogen, Inc. common stock. Annual equity grant for service as Director on the Axogen, Inc. Board of Directors. The number of shares pursuant to the equity grant is based on a $150,000 valuation as of the grant date and vests on June 19, 2026, the one-year anniversary of the grant date.
Key Figures
RSUs vested: 14,150 units
Shares acquired: 14,150 shares
Post-transaction holdings: 107,976 shares
+1 more
4 metrics
RSUs vested
14,150 units
Restricted stock units vested and converted on June 19, 2026
Shares acquired
14,150 shares
Common stock received from RSU conversion on June 19, 2026
Post-transaction holdings
107,976 shares
Common stock directly held after the Form 4 transaction
Equity grant valuation
$150,000
Annual director equity grant value as of original grant date
Key Terms
Restricted Stock Units, derivative security, Annual equity grant, contingent right
4 terms
Restricted Stock Units financial
"This reflects the number of restricted stock units that vested June 19, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Annual equity grant financial
"Annual equity grant for service as Director on the Axogen, Inc. Board of Directors."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Axogen, Inc. common stock."
FAQ
What did Axogen (AXGN) director Wendell Amy McBride report on this Form 4?
Wendell Amy McBride reported the vesting and conversion of 14,150 restricted stock units into Axogen common shares. This transaction reflects equity compensation for Board service, rather than an open-market stock purchase or sale.
Was the Axogen (AXGN) Form 4 transaction an open-market buy or sell?
No, the Form 4 shows a derivative exercise, not an open-market trade. The 14,150 shares came from restricted stock units vesting and converting into common stock as part of McBride’s annual equity grant for Board service.
What was the value of the Axogen (AXGN) equity grant tied to these vested restricted stock units?
The annual equity grant underlying these restricted stock units was based on a $150,000 valuation as of the original grant date. Those units vested on June 19, 2026, the one-year anniversary of that grant date.