MiMedx Group, Inc. has a new ownership update from Trigran-affiliated investors. An amended Schedule 13G shows Trigran Investments, Inc. and related individuals collectively reporting beneficial ownership of 6,163,384 shares of MiMedx common stock, representing 4.2% of the outstanding class as of the reported date.
The group reports no sole voting or dispositive power, with shared voting power over 5,688,192 shares and shared dispositive power over 6,163,384 shares. The filers state the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of MiMedx.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
MiMedx Group, Inc.
(Name of Issuer)
Common Stock, Par Value of $0.001 Per Share
(Title of Class of Securities)
602496101
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
602496101
1
Names of Reporting Persons
Trigran Investments, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,688,192.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,163,384.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,163,384.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.2 %
12
Type of Reporting Person (See Instructions)
IA, CO
Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.
SCHEDULE 13G
CUSIP No.
602496101
1
Names of Reporting Persons
Douglas T. Granat
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,688,192.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,163,384.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,163,384.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.2 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.
SCHEDULE 13G
CUSIP No.
602496101
1
Names of Reporting Persons
Lawrence A. Oberman
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,688,192.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,163,384.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,163,384.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.2 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.
SCHEDULE 13G
CUSIP No.
602496101
1
Names of Reporting Persons
Steven G. Simon
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,688,192.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,163,384.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,163,384.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.2 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.
SCHEDULE 13G
CUSIP No.
602496101
1
Names of Reporting Persons
Bradley F. Simon
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,688,192.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,163,384.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,163,384.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.2 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.
SCHEDULE 13G
CUSIP No.
602496101
1
Names of Reporting Persons
Steven R. Monieson
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,688,192.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
6,163,384.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,163,384.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.2 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: The Reporting Person disclaims beneficial ownership of the shares reported in this Schedule 13G, except to the extent of its pecuniary interest.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MiMedx Group, Inc.
(b)
Address of issuer's principal executive offices:
1775 West Oak Commons Court NE Marietta, GA, 30062
Item 2.
(a)
Name of person filing:
See Item 2(c)
(b)
Address or principal business office or, if none, residence:
See Item 2(c)
(c)
Citizenship:
Trigran Investments, Inc., 630 Dundee Road, Suite 230, Northbrook, IL 60062 (Illinois corporation)
Douglas T. Granat, 630 Dundee Road, Suite 230, Northbrook, IL 60062 (U.S. Citizen)
Lawrence A. Oberman, 630 Dundee Road, Suite 230, Northbrook, IL 60062 (U.S. Citizen)
Steven G. Simon, 630 Dundee Road, Suite 230, Northbrook, IL 60062 (U.S. Citizen)
Bradley F. Simon, 630 Dundee Road, Suite 230, Northbrook, IL 60062 (U.S. Citizen)
Steven R. Monieson, 630 Dundee Road, Suite 230, Northbrook, IL 60062 (U.S. Citizen)
(d)
Title of class of securities:
Common Stock, Par Value of $0.001 Per Share
(e)
CUSIP No.:
602496101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Incorporated by reference to Item 9 of the cover page pertaining to each reporting person.
Douglas Granat, Lawrence A. Oberman, Steven G. Simon, Bradley F. Simon, and Steven R. Monieson are the controlling shareholders and officers of Trigran Investments, Inc. and thus may be considered the beneficial owners of shares beneficially owned by Trigran Investments, Inc.
(b)
Percent of class:
Incorporated by reference to Item 11 of the cover page pertaining to each reporting person.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Incorporated by reference to Item 5 of the cover page pertaining to each reporting person.
(ii) Shared power to vote or to direct the vote:
Incorporated by reference to Item 6 of the cover page pertaining to each reporting person.
(iii) Sole power to dispose or to direct the disposition of:
Incorporated by reference to Item 7 of the cover page pertaining to each reporting person.
(iv) Shared power to dispose or to direct the disposition of:
Incorporated by reference to Item 8 of the cover page pertaining to each reporting person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Trigran Investments, Inc.
Signature:
/s/ Lawrence A. Oberman
Name/Title:
Executive Vice President
Date:
02/13/2026
Douglas T. Granat
Signature:
/s/ Douglas Granat
Name/Title:
Executive Officer of Trigran Investments, Inc.
Date:
02/13/2026
Lawrence A. Oberman
Signature:
/s/ Lawrence A. Oberman
Name/Title:
Executive Vice President of Trigran Investments, Inc
What ownership stake in MiMedx Group (MDXG) does Trigran report in this Schedule 13G/A?
Trigran Investments, Inc. and related individuals report beneficial ownership of 6,163,384 shares of MiMedx common stock, representing 4.2% of the outstanding class. This reflects their aggregated position as of the event date disclosed in the filing.
Who are the reporting persons in the MiMedx (MDXG) Schedule 13G/A amendment?
The filing lists Trigran Investments, Inc. plus individuals Douglas T. Granat, Lawrence A. Oberman, Steven G. Simon, Bradley F. Simon, and Steven R. Monieson as reporting persons. They also file an Agreement to Make a Joint Filing as an exhibit.
How much voting and dispositive power do the Trigran filers report over MiMedx (MDXG) shares?
The filers report no sole voting or dispositive power, but shared voting power over 5,688,192 shares and shared dispositive power over 6,163,384 shares of MiMedx common stock, according to the cover-page ownership details.
Do the Trigran reporting persons seek control of MiMedx Group (MDXG)?
The certification states the MiMedx securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.
Why does the MiMedx (MDXG) Schedule 13G/A mention ownership of 5 percent or less?
Item 5 notes ownership of 5 percent or less of a class, consistent with the reported 4.2% beneficial ownership. This indicates the reporting group’s stake is below the 5% threshold that typically triggers initial Schedule 13D or 13G reporting.
What disclaimers do the Trigran filers make about MiMedx (MDXG) share ownership?
Each reporting person notes they disclaim beneficial ownership of the reported shares except to the extent of any pecuniary interest. This is a standard clarification about economic versus formal beneficial ownership in Schedule 13G filings.