MiMedx Board Member Boosts Holdings to 212K Shares Through Compensation Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MiMedx Group Director M. Kathleen Behrens received an annual restricted stock grant of 28,609 shares at $6.47 per share on June 18, 2025, increasing her total direct holdings to 212,771 shares.
Key details of the transaction:
- The grant is part of non-employee director compensation
- Transaction is exempt under Rule 16b-3
- Shares will vest at the earlier of 12 months or the next annual shareholder meeting
- Form 4 was filed by William F. Hulse as attorney-in-fact
This routine compensation grant demonstrates continued alignment between director and shareholder interests through equity-based compensation. The transaction represents approximately 13.4% increase in the director's direct holdings in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BEHRENS M KATHLEEN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,609 | $6.47 | $185K |
Holdings After Transaction:
Common Stock — 212,771 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What is the vesting period for MDXG's director stock grants in 2025?
According to the Form 4 filing, the restricted stock grant vests upon the earlier of 12 months or the next annual meeting of shareholders.
Was MDXG's June 2025 director stock grant exempt from Section 16 rules?
Yes, the Form 4 filing specifically notes that the annual restricted stock grant to non-employee directors is exempt under Rule 16b-3.
What is M. Kathleen Behrens' role at MDXG according to the Form 4?
According to the Form 4 filing, M. Kathleen Behrens serves as a Director of MDXG (MiMedx Group, Inc.), and is classified as a non-employee director.