AVITA Medical (RCEL) CFO acquires 5,000 shares through ESPP plan

Rhea-AI Filing Summary

AVITA Medical, Inc. CFO David D. O'Toole acquired 5,000 shares of common stock in a Form 4 transaction. The shares were obtained through the company’s Employee Share Purchase Plan at $3.0515 per share, based on an 85% discount to the December 1, 2025 closing price. Following this acquisition, he directly holds 150,927 shares, including unvested RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider O'Toole David D

Role CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,000	$3.0515	$15K

Holdings After Transaction: Common Stock — 150,927 shares (Direct, null)

Footnotes (1)

1. These shares were acquired under the AVITA Medical, Inc. Employee Share Purchase Plan ("ESPP") for the ESPP purchase period beginning on December 1, 2025 and ended on May 31, 2026 in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c). In accordance with the terms of the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on December 1, 2025 (the purchase date of the offering period). Includes unvested RSUs

Key Figures

Shares acquired: 5,000 shares Acquisition price: $3.0515 per share Post-transaction holdings: 150,927 shares +2 more

5 metrics

Shares acquired 5,000 shares Common stock acquired on May 29, 2026

Acquisition price $3.0515 per share ESPP purchase price

Post-transaction holdings 150,927 shares Direct ownership after acquisition, includes unvested RSUs

ESPP discount 85% of closing price Based on December 1, 2025 closing stock price

Transaction code A (grant, award, or other acquisition) Non-derivative acquisition of common stock

Key Terms

Employee Share Purchase Plan, Rule 16b-3(d), Rule 16b-3(c), RSUs

4 terms

Employee Share Purchase Plan financial

"These shares were acquired under the AVITA Medical, Inc. Employee Share Purchase Plan ("ESPP")"

A program that lets employees buy their employer’s stock, often through regular payroll deductions and sometimes at a discounted price or with matching contributions; think of it as a company-run savings plan that converts part of pay into ownership. It matters to investors because it can increase insider ownership and employee motivation, potentially affecting company performance, and can slightly change share supply when new stock is issued or sold.

Rule 16b-3(d) regulatory

"in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c)"

Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.

Rule 16b-3(c) regulatory

"in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c)"

An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.

RSUs financial

"Includes unvested RSUs"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

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Form 4 Insider Transactions: What Each Field Means →

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^*

O'Toole David D

(Last) (First) (Middle)

28159 AVENUE STANFORD

SUITE 220 - AVITA MEDICAL

(Street)

VALENCIA CALIFORNIA 91355

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AVITA Medical, Inc. [ RCEL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/29/2026		A		5,000(1)	A	$3.0515(1)	150,927(2)	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. These shares were acquired under the AVITA Medical, Inc. Employee Share Purchase Plan ("ESPP") for the ESPP purchase period beginning on December 1, 2025 and ended on May 31, 2026 in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c). In accordance with the terms of the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on December 1, 2025 (the purchase date of the offering period).

2. Includes unvested RSUs

	/s/ David O'Toole	06/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did AVITA Medical (RCEL) disclose in this Form 4 filing?

AVITA Medical reported that its CFO, David D. O'Toole, acquired 5,000 shares of common stock. The shares were obtained through the Employee Share Purchase Plan at $3.0515 per share, increasing his direct holdings to 150,927 shares, including unvested RSUs.

How many AVITA Medical (RCEL) shares did the CFO acquire?

CFO David D. O'Toole acquired 5,000 shares of AVITA Medical common stock. These shares were purchased under the Employee Share Purchase Plan during a period running from December 1, 2025 to May 31, 2026, at a plan-determined price of $3.0515 per share.

At what price were the new AVITA Medical (RCEL) shares acquired?

The 5,000 AVITA Medical shares were acquired at $3.0515 per share. Under the Employee Share Purchase Plan, this price equaled 85% of the closing price of the company’s common stock on December 1, 2025, the purchase date for that ESPP offering period.

What are the CFO’s total AVITA Medical (RCEL) holdings after this transaction?

After the ESPP acquisition, CFO David D. O'Toole directly owns 150,927 AVITA Medical shares. This total includes unvested restricted stock units (RSUs), as noted in the filing footnotes, and reflects his position following the 5,000-share Employee Share Purchase Plan purchase.

How were the AVITA Medical (RCEL) shares acquired by the CFO?

The CFO obtained the 5,000 shares through AVITA Medical’s Employee Share Purchase Plan. The ESPP purchase period began on December 1, 2025 and ended on May 31, 2026, with the shares bought at 85% of the December 1, 2025 closing stock price.