Axogen (AXGN) director Alan Levine receives 14,150 shares from vested RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Axogen, Inc. director Alan M. Levine reported the vesting of restricted stock units and corresponding acquisition of common shares as part of his annual board compensation. On June 19, 2026, 14,150 restricted stock units vested, converting into 14,150 shares of Axogen common stock at no cash exercise price.
Each unit represented the right to receive one share, based on an equity grant valued at $150,000 as of the grant date. After this vesting and conversion, Levine directly holds 50,893 shares of Axogen common stock, reflecting a compensation-related, non‑market transaction rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,150 shares exercised/converted
Mixed
2 txns
Insider
Levine Alan M
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 — 50,893 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 from RSUs: 14,150 shares
Director share holdings after transaction: 50,893 shares
+2 more
5 metrics
RSUs vested
14,150 units
Restricted stock units vested on June 19, 2026
Shares acquired from RSUs
14,150 shares
Common stock received upon RSU vesting
Director share holdings after transaction
50,893 shares
Direct ownership after June 19, 2026 transaction
Equity grant valuation
$150,000
Value of annual director equity grant at grant date
RSU exercise price
$0.0000 per unit
Conversion price for restricted stock units into common shares
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 Alan M. Levine report in this Form 4?
Alan M. Levine reported the vesting of 14,150 restricted stock units, which converted into 14,150 shares of Axogen common stock. This reflects compensation for his service as a director, not an open-market stock purchase or sale.
Was cash involved in Alan M. Levine’s Axogen (AXGN) Form 4 transaction?
No cash changed hands in this transaction. The 14,150 restricted stock units vested at a stated price of $0.0000 per unit, automatically converting into 14,150 shares of Axogen common stock as part of his equity compensation.
What is the origin of the 14,150 RSUs reported by Axogen (AXGN) director Levine?
The 14,150 restricted stock units came from an annual equity grant for Alan M. Levine’s service on Axogen’s board. The grant was based on a $150,000 valuation at the grant date and vested on June 19, 2026, one year after the grant.
Do the vested RSUs in this Axogen (AXGN) Form 4 represent an open-market stock purchase?
The vested RSUs do not represent an open-market purchase. They reflect compensation awarded as restricted stock units that automatically converted into common shares upon vesting, rather than shares bought or sold in the market.