Rockwell Medical (RMTI) director receives 9,633-share RSU award after reverse split
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Radie Robert S reported acquisition or exercise transactions in this Form 4 filing.
ROCKWELL MEDICAL, INC. director Robert S. Radie received an award of 9,633 shares of common stock as a grant of restricted stock units, with no cash paid per share. Following this grant, he beneficially owns 23,985 shares directly.
The restricted stock units vest on July 1, 2027, subject to his continued service through the company’s 2027 annual meeting. The company also implemented a 1-for-10 reverse stock split effective July 1, 2026, and Radie’s reported shareholdings and equity awards have been adjusted to reflect this split.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Radie Robert S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,633 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,985 shares (Direct, null)
Footnotes (1)
- Restricted stock units vest on July 1, 2027, subject to the Reporting Person's continued service to the Issuer through the 2027 Annual Meeting. 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: 9,633 shares
Grant price: $0.00 per share
Post-transaction holdings: 23,985 shares
+2 more
5 metrics
RSU grant size
9,633 shares
Restricted stock unit award on July 1, 2026
Grant price
$0.00 per share
Equity compensation, no cash paid
Post-transaction holdings
23,985 shares
Common stock beneficially owned after grant
Reverse split ratio
1-for-10
Common stock reverse split effective July 1, 2026
Vesting date
July 1, 2027
RSUs vesting subject to continued service
Key Terms
Restricted stock units, reverse split, beneficially owned, equity awards
4 terms
Restricted stock units financial
"Restricted stock units vest on July 1, 2027, subject to the Reporting Person's continued service"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
reverse split financial
"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.
beneficially owned financial
"Amount of Securities Beneficially Owned Following Reported Transaction(s) reported in this Form 4"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
equity awards financial
"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.
FAQ
What did Rockwell Medical (RMTI) director Robert S. Radie report in this Form 4?
Robert S. Radie reported receiving 9,633 shares of Rockwell Medical common stock as a restricted stock unit grant. This is a compensation-related equity award at no cost per share, increasing his direct beneficial ownership to 23,985 shares.
What are the vesting terms of Robert Radie’s new Rockwell Medical (RMTI) restricted stock units?
The restricted stock units vest on July 1, 2027, if Robert S. Radie continues serving Rockwell Medical through the 2027 annual meeting. Until vesting, the award represents a right to receive shares rather than fully unrestricted stock.
Was there a reverse stock split mentioned in this Rockwell Medical (RMTI) Form 4?
Yes. Rockwell Medical effected a 1-for-10 reverse split of its common stock effective July 1, 2026. The number of shares held by Robert S. Radie and his outstanding equity awards were proportionately adjusted to reflect this reverse split.