STOCK TITAN

Electromed grants CFO 9,600 options, 4,900 shares

Electromed’s CFO received new option and restricted stock awards, while shares were forfeited to cover taxes on vesting of earlier awards.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Electromed, Inc. (ELMD) reported that its Chief Financial Officer, Bradley M. Nagel, received equity awards on September 1, 2026. He was granted 9,600 stock options with an exercise price of $27.10 per share, scheduled to vest in three substantially equal annual installments on September 1, 2027, September 1, 2028, and September 4, 2029. He also received 4,900 shares of restricted stock, which are scheduled to vest on the same three dates. In connection with the vesting of previously awarded restricted stock, 1,102 shares were forfeited at $27.10 per share to satisfy tax withholding obligations. No Rule 10b5-1 trading plan is reported for these transactions.

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Insider Nagel Bradley M.
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Employee Stock Option (right to buy) F3 9,600 $0.00 $0.00
Grant/Award Common Stock F1 4,900 $0.00 $0.00
Tax Withholding Common Stock F2 1,102 $27.10 $30K
Holdings After Transaction: Employee Stock Option (right to buy) — 9,600 contracts (Direct); Common Stock — 22,762 shares (Direct)
Footnotes (3)
  1. F1. Restricted stock scheduled to vest in three substantially equal annual installments on each of September 1, 2027, September 1, 2028 and September 4, 2029.
  2. F2. Represents shares forfeit to satisfy tax withholding obligations in connection with vesting of previously awarded shares of restricted stock.
  3. F3. Options scheduled to vest and become exercisable in three substantially equal annual installments on each of September 1, 2027, September 1, 2028 and September 4, 2029.
Stock options granted 9,600 options Granted to the CFO on September 1, 2026
Option exercise price $27.10 per share Exercise price of options granted on September 1, 2026
Restricted stock granted 4,900 shares Restricted stock award to the CFO on September 1, 2026
Shares forfeited for taxes 1,102 shares Forfeited to satisfy tax withholding on vesting of prior restricted stock
Tax forfeiture reference price $27.10 per share Price used for shares forfeited to satisfy tax withholding obligations
Option expiration date September 1, 2036 Expiration of stock options granted to the CFO
restricted stock financial
"Restricted stock scheduled to vest in three substantially equal annual installments"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"scheduled to vest in three substantially equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
tax withholding obligations financial
"satisfy tax withholding obligations in connection with vesting of previously awarded shares"
stock options financial
"Options scheduled to vest and become exercisable in three substantially equal annual installments"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"Options scheduled to vest and become exercisable in three substantially equal annual installments"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

What equity awards did Electromed (ELMD) grant to its CFO on September 1, 2026?

Electromed’s CFO Bradley M. Nagel received 9,600 stock options with a $27.10 exercise price and 4,900 shares of restricted stock on September 1, 2026, as compensation-related equity awards.

What is the exercise price and vesting schedule of the new Electromed (ELMD) stock options?

The stock options have an exercise price of $27.10 per share and are scheduled to vest in three substantially equal annual installments on September 1, 2027, September 1, 2028, and September 4, 2029.

How will the new restricted stock granted by Electromed (ELMD) to its CFO vest?

The 4,900 restricted shares granted to the CFO are scheduled to vest in three substantially equal annual installments on September 1, 2027, September 1, 2028, and September 4, 2029, subject to the terms of the award.

Why were 1,102 Electromed (ELMD) shares forfeited by the CFO?

A total of 1,102 shares of common stock were forfeited at $27.10 per share to satisfy tax withholding obligations arising from the vesting of previously awarded restricted stock.

Were Electromed (ELMD) CFO’s transactions made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for these equity award and tax withholding transactions involving the CFO.

What type of derivative security did Electromed (ELMD) grant to its CFO?

Electromed granted the CFO 9,600 stock options to purchase common stock at $27.10 per share, expiring on September 1, 2036, with vesting in three substantially equal annual installments from 2027 through 2029.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nagel Bradley M.

(Last)(First)(Middle)
500 SIXTH AVENUE NW

(Street)
NEW PRAGUE MINNESOTA 56071

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Electromed, Inc. [ ELMD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/01/2026A4,900(1)A$023,864D
Common Stock09/01/2026F1,102(2)D$27.122,762D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$27.109/01/2026A9,600 (3)09/01/2036Common Stock9,600$09,600D
Explanation of Responses:
1. Restricted stock scheduled to vest in three substantially equal annual installments on each of September 1, 2027, September 1, 2028 and September 4, 2029.
2. Represents shares forfeit to satisfy tax withholding obligations in connection with vesting of previously awarded shares of restricted stock.
3. Options scheduled to vest and become exercisable in three substantially equal annual installments on each of September 1, 2027, September 1, 2028 and September 4, 2029.
/s/ Joshua L. Colburn, Attorney-in-Fact09/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)