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Rockwell Medical (RMTI) COO receives 15,000 RSUs after 1-for-10 split

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

Rhea-AI Filing Summary

Hunter Heather reported acquisition or exercise transactions in this Form 4 filing.

Rockwell Medical Chief Operating Officer Heather Hunter reported receiving an award of 15,000 shares of common stock as compensation, at a stated price of $0.00 per share. Following this grant, she directly holds 28,007 shares of the company’s stock.

Footnotes explain that these are restricted stock units that vest in three equal installments on the first, second and third anniversaries of July 1, 2026, as long as she continues serving the company. The company also effected a 1-for-10 reverse stock split effective just after midnight on July 1, 2026, and her reported post-transaction holdings reflect this adjustment to both shares and outstanding equity awards.

Positive

  • None.

Negative

  • None.
Insider Hunter Heather
Role Chief Operating Officer
Type Security Shares Price Value
Grant/Award Common Stock 15,000 $0.00 --
Holdings After Transaction: Common Stock — 28,007 shares (Direct, null)
Footnotes (1)
  1. Restricted stock units ("RSUs") vest in three equal installments on the first, second and third anniversaries of July 1, 2026, subject to the Reporting Person's continued service to the Issuer. Effective at 12:01 AM on July 1, 2026, the Issuer effected a 1-for-10 reverse split of the Issuer's common stock resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments were made to the Issuer's outstanding equity awards. Accordingly, the shares listed under Amount of Securities Beneficially Owned Following Reported Transaction(s) reported in this Form 4 have been adjusted to reflect the 1-for-10 reverse split.
Shares granted 15,000 shares Equity award on July 1, 2026
Grant price $0.00 per share Stated transaction price for award
Shares held after 28,007 shares Direct holdings following reported transaction
Reverse split ratio 1-for-10 Common stock reverse split effective July 1, 2026
RSU vesting schedule Three equal installments On first, second and third anniversaries of July 1, 2026
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") vest in three equal installments on the first, second and third anniversaries..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
1-for-10 reverse split financial
"Effective at 12:01 AM on July 1, 2026, the Issuer effected a 1-for-10 reverse split of the Issuer's common stock..."
equity awards financial
"In addition, proportionate adjustments were made to the Issuer's outstanding equity awards."
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
Beneficially Owned Following Reported Transaction(s) financial
"Accordingly, the shares listed under Amount of Securities Beneficially Owned Following Reported Transaction(s)..."
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FAQ

What did Rockwell Medical (RMTI) COO Heather Hunter report on this Form 4?

She reported a compensation-related grant of 15,000 shares of Rockwell Medical common stock at a stated price of $0.00 per share, increasing her direct holdings to 28,007 shares after the transaction and related share adjustments.

Are Heather Hunter’s new Rockwell Medical shares immediately vested?

No, they are restricted stock units that vest over time. The award vests in three equal installments on the first, second and third anniversaries of July 1, 2026, and requires her continued service with Rockwell Medical to fully vest.

How many Rockwell Medical shares does Heather Hunter hold after this grant?

After the reported transaction, Heather Hunter directly holds 28,007 shares of Rockwell Medical common stock. This balance already incorporates adjustments from the company’s 1-for-10 reverse stock split and related proportional changes to her equity awards.

What reverse stock split did Rockwell Medical (RMTI) implement around this grant?

Rockwell Medical implemented a 1-for-10 reverse split of its common stock effective at 12:01 AM on July 1, 2026. This reduced the number of shares outstanding and proportionally adjusted outstanding equity awards, including those held by Heather Hunter.

Is Heather Hunter’s Form 4 transaction a market purchase or sale of RMTI stock?

It is not a market trade. The Form 4 shows a grant classified as a “grant, award, or other acquisition” of 15,000 shares at $0.00 per share, reflecting equity compensation rather than an open-market purchase or sale of Rockwell Medical stock.

What conditions affect the vesting of Heather Hunter’s Rockwell Medical RSUs?

The RSUs vest in three equal tranches on the first, second and third anniversaries of July 1, 2026. Vesting is conditioned on Heather Hunter’s continued service to Rockwell Medical through each vesting date, according to the Form 4 footnotes.
SEC Form 4
FORM 4UNITED 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*
Hunter Heather

(Last)(First)(Middle)
ROCKWELL MEDICAL, INC.
30142 WIXOM ROAD

(Street)
WIXOM MICHIGAN 48393

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ROCKWELL MEDICAL, INC. [ RMTI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026A(1)15,000A$028,007(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock units ("RSUs") vest in three equal installments on the first, second and third anniversaries of July 1, 2026, subject to the Reporting Person's continued service to the Issuer.
2. Effective at 12:01 AM on July 1, 2026, the Issuer effected a 1-for-10 reverse split of the Issuer's common stock resulting in a reduction in the number of shares held by the Reporting Person. In addition, proportionate adjustments were made to the Issuer's outstanding equity awards. Accordingly, the shares listed under Amount of Securities Beneficially Owned Following Reported Transaction(s) reported in this Form 4 have been adjusted to reflect the 1-for-10 reverse split.
Remarks:
s/ Megan Timmins, Attorney-in-Fact for Heather Hunter07/06/2026
** Signature of Reporting PersonDate
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)