Electromed CEO has 2,671 shares withheld for tax

Electromed’s CEO had shares withheld to cover taxes on vesting restricted stock, leaving him with 145,080 shares.

Rhea-AI Filing Summary

Electromed, Inc. (ELMD) reported that CEO and President James L. Cunniff had 2,671 shares of common stock withheld on September 1, 2026 to satisfy tax withholding obligations related to the vesting of previously awarded restricted stock. After this tax-withholding disposition, he directly holds 145,080 shares of Electromed common stock. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Tax Withholding: 2,671 shares

Tax Withholding 1 txn

Insider Cunniff James L.

Role CEO and President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	2,671	$27.10	$72K

Holdings After Transaction: Common Stock — 145,080 shares (Direct)

Footnotes (1)

1. F1. Represents shares forfeit to satisfy tax withholding obligations in connection with vesting of previously awarded shares of restricted stock.

Key Figures

Shares withheld for tax: 2,671 shares Price per share for tax withholding: $27.10 per share Shares held after transaction: 145,080 shares +1 more

4 metrics

Shares withheld for tax 2,671 shares Common stock withheld on September 1, 2026 to satisfy tax withholding obligations

Price per share for tax withholding $27.10 per share Value used for the 2,671 shares withheld on September 1, 2026

Shares held after transaction 145,080 shares Directly owned by CEO James L. Cunniff following the September 1, 2026 transaction

Transaction date September 1, 2026 Date of the tax-withholding disposition of 2,671 shares

Key Terms

tax withholding obligations, restricted stock, Form 4

3 terms

tax withholding obligations financial

"to satisfy tax withholding obligations in connection with vesting"

restricted stock financial

"vesting of previously awarded shares of restricted stock"

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.

Form 4 regulatory

"reported in the Form 4 filing for the CEO"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Electromed (ELMD) report for its CEO?

Electromed reported that CEO James L. Cunniff had 2,671 shares of common stock withheld on September 1, 2026 to satisfy tax withholding obligations upon vesting of restricted stock, a non-market tax-related disposition rather than an open-market sale.

How many Electromed (ELMD) shares does the CEO hold after this Form 4 event?

After the September 1, 2026 tax-withholding disposition, CEO James L. Cunniff directly holds 145,080 shares of Electromed common stock, as reported in the Form 4 filing.

Was the Electromed (ELMD) CEO’s Form 4 transaction an open-market sale?

No. The Form 4 states the 2,671 shares were forfeited or withheld to satisfy tax withholding obligations related to vesting of previously awarded restricted stock, not sold in the open market.

What price was used for the Electromed (ELMD) CEO’s tax-withholding shares?

The filing reports a price of $27.10 per share for the 2,671 shares withheld to satisfy tax withholding obligations in connection with vesting of restricted stock on September 1, 2026.

Was the Electromed (ELMD) CEO’s Form 4 transaction under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating that the September 1, 2026 tax-withholding transaction was made under a Rule 10b5-1 trading plan.

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

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Available on EDGAR 09/03/2026 - 05:52 PM EDT Accepted by SEC EDGAR 09/03/2026 - 04:41 PM EDT Learn about SEC filing dates

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^*

Cunniff James L.

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/01/2026		F		2,671(1)	D	$27.1	145,080	D

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. Represents shares forfeit to satisfy tax withholding obligations in connection with vesting of previously awarded shares of restricted stock.

	/s/ Joshua L. Colburn, Attorney-in-Fact	09/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)