Electromed (NASDAQ: ELMD) director and 10% owner granted 3,000 restricted shares
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Summers Andrew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,000 shares (Direct);
Common Stock — 270,367 shares (Indirect, By Summers Value Fund LP)
Footnotes (1)
- Restricted Stock scheduled to vest on June 1, 2026, unless earlier accelerated or terminated pursuant to their terms. Balance includes 100 additional shares identified by routine reconciliation of the Reporting Person's ownership records. 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.
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.
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.
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.