STOCK TITAN

InfuSystem (INFU) CFO logs RSU vesting, tax-share withholding and ends with 117,767 shares

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

Rhea-AI Filing Summary

InfuSystem Holdings Executive VP and CFO Barry G. Steele reported routine equity compensation activity involving restricted stock units and related tax withholding. On May 17, 2026, 21,323 performance-based restricted stock units granted on May 17, 2024 vested and converted into common shares, increasing his holdings.

Across May 16–18, 2026, Steele exercised restricted stock units covering 7,511 and 8,715 shares of common stock and had 3,275, 9,297 and 3,800 shares withheld to satisfy tax liabilities tied to these vestings. Following these transactions, he directly owned 117,767 shares of InfuSystem common stock. Certain remaining restricted stock units are scheduled to vest in two equal annual installments beginning on May 16, 2027.

Positive

  • None.

Negative

  • None.
Insider Steele Barry G
Role Executive VP and CFO
Type Security Shares Price Value
Exercise Restricted Stock Units 8,715 $0.00 --
Exercise Common Stock 8,715 $0.00 --
Tax Withholding Common Stock 3,800 $8.90 $34K
Grant/Award Common Stock 21,323 $0.00 --
Tax Withholding Common Stock 9,297 $8.77 $82K
Exercise Restricted Stock Units 7,511 $0.00 --
Exercise Common Stock 7,511 $0.00 --
Tax Withholding Common Stock 3,275 $8.77 $29K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 121,567 shares (Direct, null)
Footnotes (1)
  1. Represents the withholding of the Issuer's common stock for the tax liability associated with the vesting and settlement of the common stock issued on May 16, 2026 On May 17, 2026, 21,323 performance-based restricted stock units, granted on May 17, 2024, vested Represents the withholding of the Issuer's common stock for the tax liability associated with the vesting and settlement of the common stock issued on May 17, 2026 Represents the withholding of the Issuer's common stock for the tax liability associated with the vesting and settlement of the common stock issued on May 18, 2026 Restricted stock units convert into common stock on a one-for-one basis. These restricted stock units vest in two equal annual installments beginning on May 16, 2027. These restricted stock units cliff vested on May 18, 2026.
Performance RSUs vested 21,323 units Performance-based restricted stock units vested on May 17, 2026
RSUs exercised May 16, 2026 7,511 shares Restricted stock units converted into common stock on May 16, 2026
RSUs exercised May 18, 2026 8,715 shares Restricted stock units converted into common stock on May 18, 2026
Shares withheld for taxes 16,372 shares Tax withholding across three transactions related to vesting settlements
Post-transaction holdings 117,767 shares Common stock directly owned by CFO after transactions
Future RSU vesting schedule Two annual installments Restricted stock units vesting beginning May 16, 2027
RSU conversion ratio 1:1 Restricted stock units convert into common stock on a one-for-one basis
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.
performance-based restricted stock units financial
"On May 17, 2026, 21,323 performance-based restricted stock units, granted on May 17, 2024, vested"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
tax liability financial
"for the tax liability associated with the vesting and settlement of the common stock issued"
withholding financial
"Represents the withholding of the Issuer's common stock for the tax liability"
cliff vested financial
"These restricted stock units cliff vested on May 18, 2026."
vesting financial
"These restricted stock units vest in two equal annual installments beginning on May 16, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive VP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock96,590D
Common Stock05/16/2026M7,511A$0104,101D
Common Stock05/16/2026F(1)3,275D$8.77100,826D
Common Stock05/17/2026A21,323(2)A$0122,149D
Common Stock05/17/2026F(3)9,297D$8.77112,852D
Common Stock05/18/2026M8,715A$0121,567D
Common Stock05/18/2026F(4)3,800D$8.9117,767D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(5)05/16/2026M7,51105/16/202605/16/2028Common Stock7,511$015,020(6)D
Restricted Stock Units(5)05/18/2026M8,715 (7)05/18/2026Common Stock8,715$00D
Explanation of Responses:
1. Represents the withholding of the Issuer's common stock for the tax liability associated with the vesting and settlement of the common stock issued on May 16, 2026
2. On May 17, 2026, 21,323 performance-based restricted stock units, granted on May 17, 2024, vested
3. Represents the withholding of the Issuer's common stock for the tax liability associated with the vesting and settlement of the common stock issued on May 17, 2026
4. Represents the withholding of the Issuer's common stock for the tax liability associated with the vesting and settlement of the common stock issued on May 18, 2026
5. Restricted stock units convert into common stock on a one-for-one basis.
6. These restricted stock units vest in two equal annual installments beginning on May 16, 2027.
7. These restricted stock units cliff vested on May 18, 2026.
Remarks:
/s/ Kevin Whitman, Attorney-in-Fact for Barry G. Steele05/19/2026
** Signature of Reporting PersonDate
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 insider transactions did INFU CFO Barry G. Steele report?

Barry G. Steele reported equity compensation-related transactions. Between May 16–18, 2026 he exercised restricted stock units into common shares and had shares withheld to cover tax liabilities associated with those vestings, rather than executing open-market purchases or sales.

How many InfuSystem (INFU) restricted stock units vested for the CFO?

21,323 performance-based restricted stock units vested for the CFO. These RSUs were granted on May 17, 2024 and vested on May 17, 2026, converting into an equal number of InfuSystem common shares on a one-for-one basis.

How many INFU shares were withheld for Barry Steele’s tax liabilities?

A total of 16,372 shares were withheld to cover taxes. InfuSystem withheld 3,275, 9,297 and 3,800 common shares on different dates to satisfy tax liabilities related to the vesting and settlement of Steele’s equity awards.

What are Barry Steele’s INFU share holdings after these Form 4 transactions?

After the reported transactions, Steele directly owned 117,767 INFU shares. This total reflects the net effect of restricted stock unit conversions into common stock and the shares withheld by the company to cover associated tax obligations.

Do the INFU Form 4 transactions involve open-market buying or selling?

The reported transactions do not reflect open-market trades. They consist of restricted stock units vesting and converting into common shares, plus shares withheld by InfuSystem to pay tax liabilities, which is a standard administrative process rather than discretionary market buying or selling.

What is the future vesting schedule for the CFO’s InfuSystem restricted stock units?

Some restricted stock units vest in two equal annual installments. According to the disclosure, these units are scheduled to vest beginning on May 16, 2027, with the second installment one year later, providing ongoing equity-based compensation.