Electromed (ELMD) CEO Cunniff sells 9,700 shares and exercises stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Electromed, Inc. CEO and President James L. Cunniff reported a combination of stock sales and an option exercise involving the company’s common stock. On June 8, 2026, he sold a total of 9,700 shares in three open-market transactions at weighted average prices of $37.7729, $36.7975, and $36.2490 per share. The same day, he exercised employee stock options to acquire 9,700 shares at an exercise price of $17.25 per share. Following these transactions, he directly holds 147,751 shares of Electromed common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,700 shares ($354,095)
Net Sell
5 txns
Insider
Cunniff James L.
Role
CEO and President
Sold
9,700 shs ($354K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 9,700 | $0.00 | -- |
| Exercise | Common Stock | 9,700 | $17.25 | $167K |
| Sale | Common Stock | 7,003 | $36.249 | $254K |
| Sale | Common Stock | 1,671 | $36.7975 | $61K |
| Sale | Common Stock | 1,026 | $37.7729 | $39K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 19,400 shares (Direct, null);
Common Stock — 157,451 shares (Direct, null)
Footnotes (1)
- Reflects the weighted average price of 7,003 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on June 8, 2026 with sale prices ranging from $35.61 to $36.60 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average price of 1,671 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on June 8, 2026 with sale prices ranging from $36.62 to $37.11 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average price of 1,026 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on June 8, 2026 with sale prices ranging from $37.69 to $38.35 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Options scheduled to vest and become exercisable in three equal annual installments on each of the first business days of September 2025, 2026 and 2027.
Key Figures
Shares sold: 9,700 shares
Largest sale tranche: 7,003 shares at $36.2490
Other sale tranches: 1,671 at $36.7975; 1,026 at $37.7729
+4 more
7 metrics
Shares sold
9,700 shares
Total Electromed common stock sold on June 8, 2026
Largest sale tranche
7,003 shares at $36.2490
Weighted average price for largest sale block
Other sale tranches
1,671 at $36.7975; 1,026 at $37.7729
Additional open-market sale blocks on June 8, 2026
Options exercised
9,700 shares at $17.25
Employee stock options converted into common stock
Shares held after
147,751 shares
Direct Electromed common stock ownership post-transaction
Option expiration
2034-09-03
Expiration date of the reported employee stock option grant
Reported option balance
19,400 options
Total employee stock options following derivative transaction entry
Key Terms
open-market sale, Employee Stock Option (right to buy), weighted average price, Exercise or conversion of derivative security, +2 more
6 terms
open-market sale financial
"transaction_action: "open-market sale" for common stock transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
weighted average price financial
"Reflects the weighted average price of 7,003 shares of common stock"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for option transactions"
vest and become exercisable financial
"Options scheduled to vest and become exercisable in three equal annual installments"
FAQ
What insider transactions did Electromed (ELMD) CEO James L. Cunniff report?
James L. Cunniff reported selling 9,700 Electromed common shares and exercising options for 9,700 shares. The sales were open-market transactions on June 8, 2026, and the option exercise converted derivative awards into common stock at a fixed exercise price.
What stock options did the Electromed (ELMD) CEO exercise in this Form 4?
He exercised employee stock options covering 9,700 Electromed shares at an exercise price of $17.25 per share. These options relate to prior equity awards that were scheduled to vest in three equal annual installments beginning in September 2025.
Were the Electromed (ELMD) CEO’s sales single trades or multiple transactions?
Each reported sale represents multiple trades aggregated into a single line with a weighted average price. Footnotes state sale prices ranged from $35.61 to $38.35 per share, and full trade details are available on request from the CEO or the company.