MIMEDX (MDXG) CFO has shares withheld to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MIMEDX GROUP, INC. Chief Financial Officer Doug Rice reported an automatic share disposition related to tax obligations, rather than an open-market trade. On vesting of restricted stock units, 12,749 shares of common stock were withheld at $3.95 per share to cover tax liabilities. After this tax-withholding event, Rice directly holds 399,566 shares of MIMEDX common stock, indicating that the filing reflects routine compensation-related administration instead of a discretionary buy or sell decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DOUG RICE
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 12,749 | $3.95 | $50K |
Holdings After Transaction:
Common Stock — 399,566 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 12,749 shares
Withholding price per share: $3.95 per share
Shares held after transaction: 399,566 shares
3 metrics
Shares withheld for taxes
12,749 shares
Withheld upon RSU vesting for tax liability
Withholding price per share
$3.95 per share
Value used for tax-withholding disposition
Shares held after transaction
399,566 shares
Direct MIMEDX common stock holdings after withholding
Key Terms
restricted stock units, tax-withholding disposition, Form 4
3 terms
restricted stock units financial
"Shares withheld for payment of tax liability upon vesting of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition related to vested equity awards."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) reporting the transaction details."
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
What insider transaction did MIMEDX (MDXG) report for CFO Doug Rice?
MIMEDX reported that CFO Doug Rice had 12,749 shares of common stock withheld to cover taxes from restricted stock unit vesting. This was a compensation-related tax-withholding event, not an open-market purchase or sale of MDXG shares.
What does transaction code F mean in the MIMEDX (MDXG) Form 4?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to cover exercise price or tax liability. In this case, shares were withheld when restricted stock units vested, rather than being sold in an open-market transaction.