InfuSystem (INFU) CFO awarded new RSUs and stock options in Form 4 filing

Rhea-AI Filing Summary

InfuSystem Holdings Executive VP and CFO Barry G. Steele reported new equity awards. He received 17,121 restricted stock units that convert into common stock on a one-for-one basis and 35,668 stock options with an exercise price of $8.37 per share. The options vest in four equal annual installments beginning on May 12, 2027, while the RSUs vest in three equal annual installments starting the same date. After these awards, he directly holds 96,590 shares of common stock.

Insights

Equity compensation analyst

Routine equity awards to CFO, no share sales reported.

Executive VP and CFO Barry G. Steele received equity compensation consisting of 17,121 restricted stock units and 35,668 stock options with an exercise price of $8.37. Both instruments are scheduled to vest in annual installments beginning on May 12, 2027.

These are compensation-related grants (transaction code A) rather than open-market purchases or sales, so they carry limited signaling value about management’s view of the stock. The awards add to Steele’s position, which includes 96,590 common shares held directly after the reported transactions.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Steele Barry G

Role Executive VP and CFO

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	35,668	$0.00	--
Grant/Award	Restricted Stock Units	17,121	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Option (right to buy) — 35,668 shares (Direct, null); Restricted Stock Units — 17,121 shares (Direct, null); Common Stock — 96,590 shares (Direct, null)

Footnotes (1)

1. The option, representing the right to purchase a total of 35,668 shares of InfuSystem Holdings, Inc. common stock, vests in four equal annual installments beginning May 12, 2027. Restricted stock units convert into common stock on a one-for-one basis. These restricted stock units vest in three equal annual installments beginning on May 12, 2027.

Key Figures

Restricted stock units granted: 17,121 units Stock options granted: 35,668 options Option exercise price: $8.37 per share +4 more

7 metrics

Restricted stock units granted 17,121 units RSU award to CFO, one-for-one into common stock

Stock options granted 35,668 options Right to buy common stock granted to CFO

Option exercise price $8.37 per share Strike price for 35,668 stock options

Option expiration May 12, 2036 Expiration date of stock option grant

RSU vesting start May 12, 2027 RSUs vest in three equal annual installments

Option vesting start May 12, 2027 Options vest in four equal annual installments

Common shares held after 96,590 shares Direct common stock holdings following transactions

Key Terms

Restricted stock units, Stock Option (right to buy), exercise price, vests in four equal annual installments, +1 more

5 terms

Restricted stock units financial

"Restricted stock units convert into common stock on a one-for-one basis."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Stock Option (right to buy) financial

"Stock Option (right to buy) with an exercise price of 8.3700."

exercise price financial

"conversion_or_exercise_price": "8.3700" for the stock option grant."

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.

vests in four equal annual installments financial

"The option ... vests in four equal annual installments beginning May 12, 2027."

vest in three equal annual installments financial

"These restricted stock units vest in three equal annual installments beginning on May 12, 2027."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 05/14/2026 - 06:29 PM Accepted by SEC EDGAR 05/14/2026 - 06:29 PM 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^*

Steele Barry G

(Last) (First) (Middle)

C/O INFUSYSTEM HOLDINGS, INC.

3851 WEST HAMLIN ROAD

(Street)

ROCHESTER HILLS MICHIGAN 48309

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
InfuSystem Holdings, Inc [ INFU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP and CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

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								96,590	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
Stock Option (right to buy)	$8.37	05/12/2026		A		35,668		(1)	05/12/2036	Common Stock	35,668	$0	35,668	D
Restricted Stock Units	(2)	05/12/2026		A		17,121		(3)	05/12/2029	Common Stock	17,121	$0	17,121	D

Explanation of Responses:

1. The option, representing the right to purchase a total of 35,668 shares of InfuSystem Holdings, Inc. common stock, vests in four equal annual installments beginning May 12, 2027.

2. Restricted stock units convert into common stock on a one-for-one basis.

3. These restricted stock units vest in three equal annual installments beginning on May 12, 2027.

Remarks:

	/s/ Kevin Whitman, Attorney-in-Fact for Barry G. Steele	05/14/2026
	** 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)

FAQ

What did InfuSystem (INFU) CFO Barry G. Steele report in this Form 4?

Barry G. Steele reported receiving new equity compensation awards, not open-market trades. He was granted 17,121 restricted stock units and 35,668 stock options, in addition to directly holding 96,590 shares of InfuSystem common stock after the reported transactions.

How many restricted stock units did INFU’s CFO receive and how do they convert?

He received 17,121 restricted stock units. These RSUs convert into InfuSystem common stock on a one-for-one basis. The units vest in three equal annual installments beginning on May 12, 2027, gradually increasing his potential ownership over the vesting period.

What are the terms of the stock options granted to InfuSystem (INFU) CFO?

He was granted options covering 35,668 shares of common stock with an exercise price of $8.37 per share. These options vest in four equal annual installments beginning on May 12, 2027, and expire on May 12, 2036, if not exercised earlier under the plan.

Did the InfuSystem (INFU) CFO buy or sell shares in the market in this filing?

No open-market purchases or sales were reported. The filing shows compensation-related grants of restricted stock units and stock options, both coded as awards, plus an updated holding entry for common stock, rather than discretionary buying or selling activity in the market.

How many InfuSystem (INFU) common shares does the CFO hold after these awards?

Following the reported transactions, Barry G. Steele directly holds 96,590 shares of InfuSystem common stock. This figure reflects his direct ownership position apart from the newly granted restricted stock units and stock options, which may add shares as they vest and are exercised.

When do the InfuSystem (INFU) CFO’s new RSUs and options start vesting?

Both the restricted stock units and stock options begin vesting on May 12, 2027. The RSUs vest in three equal annual installments, while the options vest in four equal annual installments, creating a multi-year incentive structure tied to continued service and performance.