OneMedNet (ONMD) CMO and director reports stock purchases and 45,000 RSU grant
Rhea-AI Filing Summary
OneMedNet Corp insider activity: a director and Chief Medical Officer reported multiple open-market purchases of OneMedNet common stock between December 8, 2023 and January 30, 2024, generally in small increments at prices ranging from about $0.48 to $1.36 per share, some reported as weighted average prices from multiple trades. On January 19, 2024, the insider also received 45,000 restricted stock units (RSUs) as director compensation under the 2022 Equity Incentive Plan for board service in fiscal year 2024; each RSU represents one share of common stock and vested on December 31, 2024. Following these transactions, the insider reported owning 2,507,351 shares directly and 1,311,970 shares indirectly through a trust for children with an independent trustee, for which beneficial ownership is disclaimed.
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FAQ
What insider activity did OneMedNet Corp (ONMD) report in this Form 4?
The filing shows a OneMedNet director and Chief Medical Officer made a series of open-market purchases of common stock from December 8, 2023 through January 30, 2024, plus received a grant of 45,000 RSUs as director compensation.
At what prices did the OneMedNet (ONMD) insider buy shares?
The insider’s reported purchases were at prices generally between about $0.48 and $1.36 per share. Many prices are disclosed as weighted averages based on multiple trades within specified ranges, such as $1.28–$1.31 or $0.44–$0.62 per share.
How many restricted stock units did the OneMedNet (ONMD) insider receive?
The insider received 45,000 restricted stock units (RSUs) on January 19, 2024 as director compensation under the OneMedNet Corporation 2022 Equity Incentive Plan for board service in fiscal year 2024. Each RSU represents the right to receive one share of common stock and vested on December 31, 2024.
How many OneMedNet (ONMD) shares does the insider own after these transactions?
After the reported transactions, the insider directly owns 2,507,351 shares of OneMedNet common stock. In addition, 1,311,970 shares are held indirectly by a trust for children with an independent trustee, for which the insider disclaims beneficial ownership.
What is the insider’s role and relationship to OneMedNet Corp (ONMD)?
The reporting person is both a director and an officer of OneMedNet Corp, serving as Chief Medical Officer. The Form 4 is filed as a single reporting person filing.
What does the trust-related indirect ownership in OneMedNet (ONMD) represent?
The filing states that 1,311,970 shares are held by a trust for children with an independent trustee. The insider has no investment control over these shares and disclaims beneficial ownership, noting that the report should not be deemed an admission of beneficial ownership for Section 16 or any other purpose.
How are the weighted average prices in the OneMedNet (ONMD) Form 4 explained?
Several footnotes explain that prices in Column 4 are weighted average prices for multiple transactions executed within stated price ranges, for example $0.71–$0.78 or $1.03–$1.48. The insider undertakes to provide full trade-by-trade detail to the issuer, any shareholder, or SEC staff upon request.