MiMedx (NASDAQ: MDXG) director Tiffany Olson receives 50,913-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Olson Tiffany reported acquisition or exercise transactions in this Form 4 filing.
MIMEDX GROUP, INC. director Tiffany Olson received an award of 50,913 shares of common stock at $3.64 per share as a restricted stock grant for non-employee directors. This equity award vests upon the earlier of 12 months or the next meeting of shareholders, and is exempt under Rule 16b-3. Following the grant, she directly holds 108,510 shares of common stock. This is a compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Olson Tiffany
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,913 | $3.64 | $185K |
Holdings After Transaction:
Common Stock — 108,510 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant size: 50,913 shares
Grant value per share: $3.64 per share
Shares owned after grant: 108,510 shares
3 metrics
Restricted stock grant size
50,913 shares
Annual restricted stock grant to non-employee director Tiffany Olson
Grant value per share
$3.64 per share
Value used for the restricted stock award on grant date
Shares owned after grant
108,510 shares
Total direct common stock holdings following the reported transaction
Key Terms
restricted stock grant, non-employee directors, Rule 16b-3, vests
4 terms
restricted stock grant financial
"Represents annual restricted stock grant to non-employee directors."
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
non-employee directors financial
"Represents annual restricted stock grant to non-employee directors."
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
Rule 16b-3 regulatory
"Grant is exempt under Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
vests financial
"The award vests upon the earlier of 12 months or the next meeting of shareholders."
FAQ
What did Tiffany Olson report in the latest Form 4 for MDXG?
Tiffany Olson reported receiving 50,913 shares of MiMedx common stock as a restricted stock grant. The award is part of annual compensation for non-employee directors and is not an open-market purchase or sale of shares.
At what price was Tiffany Olson’s restricted stock grant in MDXG valued?
The restricted stock grant to Tiffany Olson was valued at $3.64 per share. This value reflects the grant price used for the compensation award, rather than a price paid in an open-market transaction or sale of existing MiMedx shares.
Is Tiffany Olson’s MDXG Form 4 transaction a buy or a compensation grant?
The transaction is a compensation-related restricted stock grant, not an open-market share purchase. It is described as an annual restricted stock grant to non-employee directors and is exempt under Rule 16b-3 governing insider compensation awards.