MIMEDX director receives 50,913-share stock grant
MIMEDX GROUP, INC. director Todd Newton received an annual restricted stock award, acquiring 50,913 shares of common stock at a reference price of $3.64 per share as director compensation.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
MIMEDX GROUP, INC. director Todd Newton received an annual restricted stock award, acquiring 50,913 shares of common stock at a reference price of $3.64 per share as director compensation. The grant is exempt under Rule 16b-3 and will vest upon the earlier of 12 months or the next shareholder meeting. Following this award, Newton directly holds 463,684 shares of MIMEDX common stock.
Insider Trade Summary
Grant/Award: 50,913 shares
Grant/Award
1 txn
Insider
Newton Todd
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,913 | $3.64 | $185K |
Holdings After Transaction:
Common Stock — 463,684 shares (Direct)
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 meeting of shareholders.
Key Figures
Restricted stock grant: 50,913 shares
Reference price per share: $3.64 per share
Post-transaction holdings: 463,684 shares
+2 more
5 metrics
Restricted stock grant
50,913 shares
Annual grant to non-employee director Todd Newton
Reference price per share
$3.64 per share
Grant/award acquisition price for restricted stock
Post-transaction holdings
463,684 shares
Newton’s direct MIMEDX common stock holdings after grant
Transaction code
A
Grant, award, or other acquisition of common stock
Vesting condition
Earlier of 12 months or next shareholder meeting
Time-based vesting for restricted stock award
Key Terms
restricted stock, Rule 16b-3, non-employee directors, vests, +1 more
5 terms
restricted stock financial
"Represents annual restricted stock grant to non-employee directors."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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.
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.
vests financial
"The award vests upon the earlier of 12 months or the next meeting of shareholders."
Form 4 regulatory
"reported under a Form 4 insider transaction filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MIMEDX (MDXG) report for Todd Newton?
MIMEDX reported that director Todd Newton received an annual restricted stock award of 50,913 common shares. This is a compensation-related grant, not an open-market purchase, and was recorded at a reference price of $3.64 per share under a Form 4 filing.
Is the Todd Newton stock grant at MIMEDX (MDXG) a routine award?
Yes. The filing describes the 50,913-share grant as an annual restricted stock grant to a non-employee director. Such awards are a standard form of equity compensation and are exempt under Rule 16b-3, indicating a routine, board-approved compensation practice.
Was the MIMEDX (MDXG) director stock grant an open-market purchase?
No. The Form 4 shows transaction code “A,” indicating a grant or award acquisition, not an open-market purchase. The shares were issued as an annual restricted stock grant to a non-employee director rather than bought on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates