Rockwell Medical (RMTI) director granted 9,633 RSUs, holdings adjusted after reverse split
Rhea-AI Filing Summary
Nissenson Allen reported acquisition or exercise transactions in this Form 4 filing.
ROCKWELL MEDICAL, INC. director Allen Nissenson received a grant of 9,633 shares of Common Stock as a compensation award, recorded at a price of $0.0000 per share. These shares are in the form of restricted stock units that vest on July 1, 2027, subject to his continued service through the 2027 annual meeting.
The company also completed a 1-for-10 reverse split of its common stock effective 12:01 a.m. on July 1, 2026, which reduced the number of shares held and adjusted outstanding equity awards. After these changes and the grant, Nissenson beneficially owns 23,892 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,633 shares
Net Buy
1 txn
Insider
Nissenson Allen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,633 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 23,892 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: $0.0000 per share
Shares after transaction: 23,892 shares
+2 more
5 metrics
RSU grant size
9,633 shares
Restricted stock units granted to director Allen Nissenson
Grant price
$0.0000 per share
Stated price for the RSU grant
Shares after transaction
23,892 shares
Beneficially owned following reported transaction(s)
Reverse split ratio
1-for-10
Reverse split of common stock effective July 1, 2026
Vesting date
July 1, 2027
Vesting of restricted stock units, subject to continued service
Key Terms
Restricted stock units, 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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Allen Nissenson acquire in the latest Rockwell Medical (RMTI) Form 4?
Allen Nissenson received 9,633 shares of Rockwell Medical Common Stock as a grant. The award is structured as restricted stock units that were granted at a stated price of $0.0000 per share and counts toward his overall beneficial ownership position.
When do Allen Nissenson’s new Rockwell Medical (RMTI) restricted stock units vest?
The restricted stock units vest on July 1, 2027, if Nissenson continues to serve the company through the 2027 annual meeting. This ties the equity compensation to ongoing board service over a multi‑year period before the shares become fully earned.
What reverse stock split did Rockwell Medical (RMTI) implement affecting this Form 4?
Rockwell Medical effected a 1‑for‑10 reverse split of its common stock effective 12:01 a.m. on July 1, 2026. This reduced the number of shares outstanding and proportionately adjusted existing equity awards, including the amounts reported as beneficially owned by Allen Nissenson.
Is Allen Nissenson’s Rockwell Medical (RMTI) Form 4 a market purchase or a grant?
The transaction is a grant, coded as an “A” transaction for a grant, award, or other acquisition. Nissenson did not buy shares in the open market; instead he received 9,633 restricted stock units as part of his equity compensation package.