Strata Critical CEO corrects Form 4 tax withholding
Strata Critical Medical, Inc. CEO, Logistics Scott M. Wunsch filed an amended insider report to correct how a prior share disposition was coded.
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Form Type
4/A
Rhea-AI Filing Summary
Strata Critical Medical, Inc. CEO, Logistics Scott M. Wunsch filed an amended insider report to correct how a prior share disposition was coded. On June 8, 2026, 5,550 shares of Class A common stock were withheld by the company at $5.87 per share to cover tax obligations from a restricted stock unit vesting, a non-market transaction approved under Rule 16b-3.
The earlier Form 4 had incorrectly used a sale code; this amendment changes it to the proper tax-withholding code F, with all other information unchanged. After the transaction, Wunsch directly holds 625,574 shares, with an additional 382,987 shares held indirectly through a limited liability company he solely owns.
Insider Trade Summary
Exercise Price or Tax Liability: 5,550 shares
Exercise Price or Tax Liability
2 txns
Insider
Wunsch Scott M
Role
CEO, Logistics
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A common stock, $0.0001 par value per share | 5,550 | $5.87 | $33K |
| holding | Class A common stock, $0.0001 par value per share | -- | -- | -- |
Holdings After Transaction:
Class A common stock, $0.0001 par value per share — 625,574 shares (Direct);
Class A common stock, $0.0001 par value per share — 382,987 shares (Indirect, See Footnotes)
Footnotes (3)
- F1. On June 10, 2026, the reporting person filed a Form 4 (the "Original Form") which inadvertently used the "S" code in Column 3 of Table I in connection with the disposal of certain shares of the Issuer's Class A common stock (the "Shares") on June 8, 2026. The Shares were in fact withheld by the Issuer to satisfy tax withholding obligations in connection a vesting event in a transaction approved in accordance with Rule 16b-3 of the Securities Exchange Act of 1934, as amended. Footnote 1 to the Original Form correctly described the transaction as "shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units." Accordingly, the reporting person is hereby amending the Original Form to correctly show the "F" code in Column 3 of Table I. The information set forth in the Original Form was correct in all other respects.
- F2. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F3. Held directly by a limited liability company of which the Reporting Person is the sole member.
Key Figures
Tax-withheld shares: 5,550 shares
Tax-withholding price: $5.87 per share
Direct holdings after transaction: 625,574 shares
+1 more
4 metrics
Tax-withheld shares
5,550 shares
Withheld on June 8, 2026 for RSU tax obligations
Tax-withholding price
$5.87 per share
Price used for 5,550 withheld shares
Direct holdings after transaction
625,574 shares
Class A common stock held directly after June 8, 2026
Indirect holdings
382,987 shares
Held via a limited liability company of which he is sole member
Key Terms
Rule 16b-3, restricted stock units, tax withholding obligations, Class A common stock
4 terms
Rule 16b-3 regulatory
"in a transaction approved in accordance with Rule 16b-3 of the Securities Exchange Act of 1934"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
restricted stock units financial
"in connection with the vesting of restricted stock units"
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.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting"
Class A common stock financial
"disposal of certain shares of the Issuer's Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Strata Critical Medical (SRTA) disclose in this Form 4/A?
Strata Critical Medical’s CEO, Logistics Scott M. Wunsch filed an amended Form 4 to recode a prior transaction as tax withholding. The filing clarifies that shares were withheld for taxes on restricted stock unit vesting, not sold in the open market, with all other details unchanged.
Why was the original Strata Critical (SRTA) Form 4 corrected?
The original Form 4 incorrectly used the "S" sale code for a June 8, 2026 transaction. The amendment explains that the 5,550 shares were actually withheld for tax obligations on restricted stock unit vesting, so the code is corrected to "F" for tax-withholding disposition.
What does code "F" mean in the Strata Critical (SRTA) Form 4/A filing?
Code "F" indicates shares delivered or withheld to pay an exercise price or tax liability. In this case, 5,550 shares were withheld by Strata Critical Medical to satisfy tax withholding obligations arising from the vesting of restricted stock units granted to the reporting person.
Was the Strata Critical (SRTA) transaction part of a compensation event?
Yes. The filing states the shares were withheld to satisfy tax withholding obligations tied to a vesting event of restricted stock units. The transaction was approved in accordance with Rule 16b-3, which generally governs issuer-approved equity compensation transactions for insiders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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