MiMedx Board Member's Stock Holdings Top $2.6M After Annual Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MiMedx Group Director Todd Newton received an annual restricted stock grant of 28,609 shares at $6.47 per share on June 18, 2025, increasing his direct beneficial ownership to 412,771 shares.
Key details of the transaction:
- The grant is exempt under Rule 16b-3 as part of non-employee director compensation
- Vesting occurs at the earlier of 12 months or next annual shareholder meeting
- Transaction was filed via Form 4 on June 28, 2025
- Filing was signed by William F. Hulse as attorney-in-fact
This routine compensation grant reflects standard board member equity incentives and demonstrates continued alignment between director and shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Newton Todd
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,609 | $6.47 | $185K |
Holdings After Transaction:
Common Stock — 412,771 shares (Direct)
Footnotes (1)
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FAQ
What is the vesting schedule for MDXG's director Todd Newton's 2025 restricted stock grant?
The restricted stock grant vests upon the earlier of either 12 months from the grant date or the next annual meeting of shareholders. This grant was made under Rule 16b-3 exemption for non-employee directors.
What type of insider is Todd Newton at MDXG as of June 2025?
Todd Newton serves as a Director (non-employee) of MIMEDX GROUP, INC. (MDXG), as indicated by the 'X' marked in the Director box on the Form 4 filing.