Rockwell Medical (RMTI) CFO awarded 15,000 RSUs and holds 27,239 shares
Rhea-AI Filing Summary
Neri Jesse reported acquisition or exercise transactions in this Form 4 filing.
ROCKWELL MEDICAL, INC. SVP and CFO Jesse Neri received a grant of 15,000 shares of common stock as a stock award, rather than an open-market purchase, at a stated price of $0.00 per share. These restricted stock units vest in three equal installments on the first, second and third anniversaries of July 1, 2026, subject to his continued service to the company.
Effective at 12:01 AM on July 1, 2026, the company completed a 1-for-10 reverse split of its common stock and adjusted outstanding equity awards. After reflecting both the reverse split and this award, Neri directly holds 27,239 shares of Rockwell Medical common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Neri Jesse
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 27,239 shares (Direct)
Footnotes (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.
Key Figures
RSU grant size: 15,000 shares
Transaction price per share: $0.0000 per share
Shares held after transaction: 27,239 shares
+2 more
5 metrics
RSU grant size
15,000 shares
Common stock award to SVP and CFO Jesse Neri
Transaction price per share
$0.0000 per share
Stated price for the RSU grant
Shares held after transaction
27,239 shares
Amount of securities beneficially owned following transaction
Reverse split ratio
1-for-10
Reverse split effective July 1, 2026 at 12:01 AM
Vesting schedule
3 equal annual installments
On first, second and third anniversaries of July 1, 2026
Key Terms
Restricted stock units ("RSUs"), reverse split, equity awards
3 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") vest in three equal installments on the first, second and third anniversaries of July 1, 2026"
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.
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"
A reverse split is when a company reduces the number of its outstanding shares by combining several existing shares into one new share, so the price per share rises proportionally while the company’s overall value stays the same. Investors care because it can make a stock appear more respectable or meet exchange rules — like turning many small coins into a single larger bill — but it can also signal financial trouble and often affects trading liquidity and investor perception.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Rockwell Medical (RMTI) report for CFO Jesse Neri?
Rockwell Medical reported that SVP and CFO Jesse Neri received a grant of 15,000 shares of common stock as a stock award. The filing shows this as a compensation-related acquisition, not an open-market purchase, increasing his directly held shares to 27,239 after adjustments.
What are the vesting terms of the 15,000 RSUs granted to Rockwell Medical (RMTI) CFO?
The 15,000 restricted stock units granted to Rockwell Medical’s CFO vest in three equal installments on the first, second, and third anniversaries of July 1, 2026. Vesting is conditioned on his continued service to the company through each applicable anniversary date.
Did Rockwell Medical (RMTI) implement a reverse stock split affecting this insider holding?
Yes. Effective at 12:01 AM on July 1, 2026, Rockwell Medical effected a 1-for-10 reverse split of its common stock. The company also made proportionate adjustments to outstanding equity awards, and the post-transaction share amount for the CFO reflects this reverse split.
How do the Rockwell Medical (RMTI) RSUs for the CFO depend on continued service?
The RSUs vest only if the reporting person continues serving Rockwell Medical through each vesting date. The footnote states that vesting in three equal installments on the first, second, and third anniversaries of July 1, 2026 is “subject to the Reporting Person’s continued service to the Issuer.”