Rockwell Medical director granted 9,633 RSUs
COOPER JOHN G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
COOPER JOHN G reported acquisition or exercise transactions in this Form 4 filing.
Rockwell Medical director John G. Cooper received an equity award rather than buying shares on the market. On July 1, 2026, he was granted 9,633 restricted stock units of common stock at no cash cost as compensation.
The RSUs vest on July 1, 2027, subject to his continued service through the 2027 Annual Meeting. Effective at 12:01 a.m. on July 1, 2026, Rockwell Medical implemented a 1-for-10 reverse stock split, and Cooper’s equity awards and holdings were proportionally adjusted. Following these adjustments and the reported grant, he beneficially owns 23,670 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 9,633 shares
Grant/Award
1 txn
Insider
COOPER JOHN G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,633 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 23,670 shares (Direct)
Footnotes (2)
- F1. Restricted stock units vest on July 1, 2027, subject to the Reporting Person's continued service to the Issuer through the 2027 Annual Meeting.
- F2. 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 per share: $0.00 per share
Shares owned after transaction: 23,670 shares
+1 more
4 metrics
RSU grant size
9,633 shares
Restricted stock units granted on July 1, 2026
Grant price per share
$0.00 per share
Equity award, not open-market purchase
Shares owned after transaction
23,670 shares
Beneficially owned following reported transaction(s)
Reverse split ratio
1-for-10
Reverse split effective July 1, 2026
Key Terms
Restricted stock units, 1-for-10 reverse split, equity awards, beneficially owned
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.
1-for-10 reverse split financial
"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 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Rockwell Medical (RMTI) director John G. Cooper receive in this Form 4?
He received 9,633 restricted stock units of Rockwell Medical common stock as an equity award, at no cash cost. This is compensation-related, not an open-market purchase or sale, and increases his direct beneficial ownership position.
When do John G. Cooper’s 9,633 RSUs from Rockwell Medical (RMTI) vest?
The 9,633 restricted stock units vest on July 1, 2027, provided he continues serving the company through the 2027 Annual Meeting. If that service condition is not met, the unvested units may not be earned under the award’s terms.
What reverse stock split did Rockwell Medical (RMTI) implement on July 1, 2026?
Effective at 12:01 a.m. on July 1, 2026, Rockwell Medical completed a 1-for-10 reverse split of its common stock. This reduced the number of shares outstanding and led to proportional adjustments in outstanding equity awards, including Cooper’s reported holdings.
How did Rockwell Medical’s (RMTI) reverse split affect John G. Cooper’s Form 4 holdings?
The 1-for-10 reverse split reduced the number of shares he held, and the company proportionally adjusted his outstanding equity awards. The 23,670 shares reported as beneficially owned after the transaction reflect this reverse-split adjustment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
