Sharps Technology director sells 20,000 shares

Sharps Technology Inc. director Timothy James Ruemler reported selling a total of 20,000 shares of Common Stock on August 27, 2025, in four open-market or private sale transactions at per-share prices between $16.5400 and $17.0922.

Rhea-AI Filing Summary

Sharps Technology Inc. director Timothy James Ruemler reported selling a total of 20,000 shares of Common Stock on August 27, 2025, in four open-market or private sale transactions at per-share prices between $16.5400 and $17.0922.

After these sales, he directly holds 20,218 shares. A footnote states he sold the shares inadvertently and tendered $90,600 to the company for short-swing profits.

Insights

Financial Analyst

TL;DR: Director sold 20,000 shares in four trades; reported corrective payment for short-swing profits reduces legal risk but reduces insider stake.

The transactions are outright sales of common stock totaling 20,000 shares executed on a single date at prices between $16.54 and $17.0922. The filer’s note that the sales were inadvertent and that $90,600 was tendered for short-swing profits addresses Section 16(b) exposure by returning realized gains to the issuer. For investors, this is a disclosure of reduced insider ownership but not a forward-looking statement about operations or performance. The sales may modestly affect perceived insider alignment depending on the director’s remaining stake of 20,218 shares.

Corporate Governance Expert

TL;DR: Filing documents corrective action for inadvertent insider sales, demonstrating compliance but raising governance questions.

The Director’s prompt filing and tendering of $90,600 for short-swing profits are corrective governance actions consistent with compliance expectations under Section 16. The explanation of inadvertence should be sufficient for disclosure purposes but may prompt review of trading controls or pre-clearance processes for insiders. The report shows a decrease in direct beneficial ownership from 35,218 to 20,218 shares, which is relevant to assessments of insider incentive alignment.

Insider Trade Summary

Net Seller: 20,000 shares

Net Sell 4 txns

Insider Ruemler Timothy James

Role Director

Sold 20,000 shs ($335K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,000	$16.575	$83K
Sale	Common Stock	5,000	$16.54	$83K
Sale	Common Stock	5,000	$17.0922	$85K
Sale	Common Stock	5,000	$16.75	$84K

Holdings After Transaction: Common Stock — 20,218 shares (Direct)

Footnotes (1)

1. F1. The filer sold the shares inadvertently and has tendered the company a check for $90,600 for the short swing profits

Key Figures

Shares sold: 20,000 shares Individual sale size: 5,000 shares Per-share sale prices: from $16.5400 to $17.0922 per share +2 more

5 metrics

Shares sold 20,000 shares Aggregate common stock sales on August 27, 2025

Individual sale size 5,000 shares Each of the four non-derivative common stock sale transactions

Per-share sale prices from $16.5400 to $17.0922 per share Price range across the reported open-market or private sales

Post-transaction holdings 20,218 shares Direct common stock holdings after the August 27, 2025 sales

Short-swing profit payment $90,600 Amount tendered by the filer to the company for short-swing profits

Key Terms

short swing profits, open market or private transaction, non-derivative

3 terms

short swing profits regulatory

"check for $90,600 for the short swing profits"

Profits made by corporate insiders when they buy and then sell (or sell and then buy) the company’s stock within a short statutory window—typically six months—are called short swing profits. Regulators allow the company or its shareholders to recover those gains because the rule treats quick insider trades as potentially based on nonpublic information; this matters to investors because it affects corporate governance, transparency, and potential legal or financial claims against the company.

open market or private transaction market

"Sale in open market or private transaction"

non-derivative financial

"transaction_type": "non-derivative" for the Common Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did this Form 4 disclose about SKYAW for Sharps Technology Inc.?

The Form 4 shows that director Timothy James Ruemler sold 20,000 shares of Sharps Technology Inc. Common Stock on August 27, 2025, through four open-market or private sale transactions, and then directly held 20,218 shares afterward.

How many Sharps Technology (SKYAW) shares did Timothy James Ruemler sell and at what prices?

Timothy James Ruemler sold 20,000 shares of Sharps Technology Common Stock in four blocks of 5,000 shares each at prices ranging from $16.5400 to $17.0922 per share on August 27, 2025.

How many Sharps Technology shares does Ruemler hold after these SKYAW transactions?

After the reported transactions, Timothy James Ruemler directly holds 20,218 shares of Sharps Technology Common Stock. This post-transaction holding figure is explicitly provided as his canonical balance following the August 27, 2025 sales.

What is the significance of the $90,600 mentioned in the Sharps Technology (SKYAW) Form 4?

A footnote states that Ruemler sold the shares inadvertently and tendered $90,600 to Sharps Technology for short-swing profits, indicating the company received this amount related to the reported trades under Section 16 short-swing profit rules.

Were Ruemler’s Sharps Technology (SKYAW) trades in common stock or derivatives?

All reported transactions involve Common Stock classified as non-derivative securities. The filing lists four sales of common shares and shows no derivative transactions or remaining derivative positions in the accompanying derivative summary.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/28/2025 - 09:21 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Ruemler Timothy James

(Last) (First) (Middle)

C/O SHARPS TECHNOLOGY, INC.

105 MAXESS ROAD, STE. 124

(Street)

MELVILLE NY 11747

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sharps Technology Inc. [ STSS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/27/2025		S		5,000	D	$16.575	35,218	D
Common Stock	08/27/2025		S		5,000	D	$16.54	30,218	D
Common Stock	08/27/2025		S		5,000	D	$17.0922	25,218	D
Common Stock	08/27/2025		S		5,000	D	$16.75	20,218(1)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The filer sold the shares inadvertently and has tendered the company a check for $90,600 for the short swing profits

	/s/ Timothy Ruemler	08/28/2025
	** Signature of Reporting Person	Date
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.