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MIMEDX (MDXG) counsel has 20,245 shares withheld to cover tax on vested stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MIMEDX GROUP, INC. General Counsel and Chief Administrative Officer William Frank Hulse IV reported a tax-related share disposition. On March 13, 2026, 20,245 shares of common stock were withheld at $4.38 per share to cover tax obligations on vesting of restricted stock. After this withholding, he directly holds 543,195 shares of MIMEDX common stock, indicating this was a routine compensation and tax event rather than an open-market trade.

Positive

  • None.

Negative

  • None.

Insights

Routine tax withholding on vested stock; no open-market trade.

The filing shows MIMEDX executive William Frank Hulse IV had 20,245 shares of common stock withheld at $4.38 per share to satisfy tax requirements when restricted stock vested. Footnote language confirms this was issuer withholding, not a market sale.

Following the transaction, he directly owns 543,195 shares of MIMEDX. Because this is a code F tax-withholding disposition tied to compensation, it typically carries limited signaling value about the insider’s view of the stock and is best viewed as an administrative equity-compensation event.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hulse William Frank IV

(Last) (First) (Middle)
1775 WEST OAK COMMONS COURT NE

(Street)
MARIETTA GA 30062

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MIMEDX GROUP, INC. [ MDXG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel and CAO
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/13/2026 F 20,245(1) D $4.38 543,195 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares withheld by the Company to satisfy tax withholding requirements on vesting of restricted stock.
Remarks:
/s/William F. Hulse 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did MIMEDX (MDXG) report for William Frank Hulse IV?

MIMEDX reported that executive William Frank Hulse IV had 20,245 shares of common stock withheld at $4.38 per share. This withholding satisfied tax obligations triggered by the vesting of restricted stock rather than reflecting an open-market purchase or sale of shares.

Was the MDXG Form 4 transaction an open-market sale of shares?

No, the MDXG Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to cover tax liabilities upon vesting of restricted stock, a common administrative step in equity compensation programs for executives.

How many MIMEDX (MDXG) shares were withheld for taxes in this Form 4?

The filing states that 20,245 shares of MIMEDX common stock were withheld. The shares were valued at $4.38 each, and the footnote explains this withholding was to satisfy tax requirements resulting from the vesting of restricted stock held by the executive.

How many MIMEDX (MDXG) shares does William Frank Hulse IV hold after the transaction?

After the tax-withholding transaction, William Frank Hulse IV directly owns 543,195 shares of MIMEDX common stock. This remaining position suggests the withholding was a relatively small adjustment linked to equity compensation, rather than a major change in his overall share ownership.

What does transaction code F mean in the MDXG Form 4 filing?

Transaction code F in this MDXG Form 4 indicates a disposition used to pay an exercise price or tax liability. Here, the company withheld 20,245 shares on restricted stock vesting explicitly to satisfy tax withholding obligations, as described in the filing’s footnote.
Mimedx Group Inc

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