MiMedx Director Receives $185K in Restricted Stock, Holds 181,923 Shares
MiMedx Group director Cato T. Laurencin acquired 28,609 shares of common stock on June 18, 2025 at a price of $6.47 per share, bringing their total direct holdings to 181,923 shares.
Rhea-AI Filing Summary
MiMedx Group director Cato T. Laurencin acquired 28,609 shares of common stock on June 18, 2025 at a price of $6.47 per share, bringing their total direct holdings to 181,923 shares.
The transaction represents an annual restricted stock grant to non-employee directors and is exempt under Rule 16b-3. Key details about the grant:
- Vesting occurs at the earlier of 12 months or next annual shareholder meeting
- Transaction was filed as a Form 4 pursuant to Section 16(a) of Securities Exchange Act
- The acquisition was reported as a direct ownership transaction
This insider transaction indicates ongoing compensation practices for board members and alignment with shareholder interests through equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,609 | $6.47 | $185K |
Footnotes (1)
- F1. Represents annual restricted stock grant to non-employee directors. Grant is exempt under Rule 16b-3. The award vests upon the earlier of 12 months or the next annual meeting of shareholders
FAQ
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What are the vesting terms for MDXG's director stock grant in 2025?
Where is MDXG Director Cato Laurencin based according to the Form 4?
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