STOCK TITAN

Electromed (NASDAQ: ELMD) director and 10% owner granted 3,000 restricted shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Electromed, Inc. director and 10% owner received additional equity in the company. On December 1, 2025, the reporting person acquired 3,000 shares of Electromed common stock as restricted stock at a stated price of $0. After this grant, the reporting person holds 12,000 shares directly.

The filing also reports 270,367 shares held indirectly through Summers Value Fund LP. An explanation notes that this balance includes 100 additional shares identified through a routine reconciliation of ownership records. The 3,000 restricted shares are scheduled to vest on June 1, 2026, unless vesting is accelerated or the award is terminated under its terms.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Summers Andrew

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

(Street)
NEW PRAGUE MN 56071

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Electromed, Inc. [ ELMD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 12/01/2025 A 3,000(1) A $0 12,000 D
Common Stock 270,367(2) I By Summers Value Fund LP(3)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Restricted Stock scheduled to vest on June 1, 2026, unless earlier accelerated or terminated pursuant to their terms.
2. Balance includes 100 additional shares identified by routine reconciliation of the Reporting Person's ownership records.
3. Securities owned directly by Summers Value Fund LP ("Summers Value Fund"). Mr. Summers, as the Managing Member of each of Summers Value Partners GP LLC, the general partner of Summers ValueFund, and Summers Value Partners LLC ("Summers Value Partners"), the investment manager of Summers Value Fund, may be deemed to beneficially own the securities owned directly by Summers ValueFund. Mr. Summers expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
/s/ Joshua L. Colburn, Attorney-in-fact 12/03/2025
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Electromed (ELMD) disclose in this Form 4?

The filing reports that a director and 10% owner acquired 3,000 shares of Electromed common stock as restricted stock on December 1, 2025 at a stated price of $0.

How many Electromed (ELMD) shares does the reporting person own after this transaction?

Following the reported transaction, the reporting person beneficially owns 12,000 shares directly and 270,367 shares indirectly through Summers Value Fund LP.

When do the newly granted Electromed (ELMD) restricted shares vest?

The 3,000 restricted shares are scheduled to vest on June 1, 2026, unless vesting is earlier accelerated or the award is terminated under its terms.

What explains the change in the indirect holdings reported for Electromed (ELMD)?

The explanation states that the reported balance of 270,367 indirectly owned shares includes 100 additional shares identified during a routine reconciliation of the reporting person’s ownership records.

How are the indirect Electromed (ELMD) shares held for the reporting person?

The 270,367 indirect shares are owned directly by Summers Value Fund LP. Mr. Summers, through related entities, may be deemed to beneficially own these securities but disclaims beneficial ownership except to the extent of his pecuniary interest.

What is the relationship of the reporting person to Electromed (ELMD)?

The reporting person is identified as a Director of Electromed, Inc. and a 10% owner, indicating significant insider ownership.
Electromed

NYSE:ELMD

ELMD Rankings

ELMD Latest News

ELMD Latest SEC Filings

ELMD Stock Data

246.88M
6.56M
21.3%
53.31%
3.37%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
Link
United States
NEW PRAGUE