[Form 4] Sharps Technology Inc. Warrant Insider Trading Activity
Sharps Technology Inc. (STSS/STSSW) director Timothy James Ruemler reported four separate sales of company common stock on 08/27/2025, each for 5,000 shares at prices of $16.575, $16.54, $17.0922 and $16.75. After these transactions his beneficial ownership fell from 35,218 shares to 20,218 shares as shown on the form. The filing includes an explanatory note stating the shares were sold inadvertently and that Mr. Ruemler has tendered $90,600 to the company to cover short-swing profits. The Form 4 is signed and dated 08/28/2025.
Il direttore di Sharps Technology Inc. (STSS/STSSW), Timothy James Ruemler, ha comunicato quattro distinte vendite di azioni ordinarie della società il 27/08/2025, ciascuna di 5.000 azioni a prezzi di $16,575, $16,54, $17,0922 e $16,75. Dopo queste operazioni la sua partecipazione detenuta è scesa da 35.218 azioni a 20.218 azioni, come indicato nel modulo. Il deposito include una nota esplicativa che afferma che le azioni sono state vendute involontariamente e che il sig. Ruemler ha versato $90.600 alla società per coprire i profitti da operazioni a breve termine. Il Modulo 4 è firmato e datato 28/08/2025.
El director de Sharps Technology Inc. (STSS/STSSW), Timothy James Ruemler, informó cuatro ventas separadas de acciones ordinarias de la compañía el 27/08/2025, cada una por 5.000 acciones a precios de $16.575, $16.54, $17.0922 y $16.75. Tras estas transacciones su participación beneficiaria cayó de 35.218 acciones a 20.218 acciones, según consta en el formulario. La presentación incluye una nota explicativa que indica que las acciones se vendieron inadvertidamente y que el Sr. Ruemler ha entregado $90.600 a la compañía para cubrir las ganancias por operaciones a corto plazo. El Formulario 4 está firmado y fechado el 28/08/2025.
Sharps Technology Inc.(STSS/STSSW) 이사 Timothy James Ruemler는 2025년 8월 27일 회사 보통주를 각각 5,000주씩 총 네 차례에 걸쳐 주당 $16.575, $16.54, $17.0922 및 $16.75에 매도했다고 보고했습니다. 이 거래 후 그의 소유 지분은 서류에 기재된 바와 같이 35,218주에서 20,218주로 감소했습니다. 제출 서류에는 해당 주식이 실수로 매도되었으며 Ruemler 씨가 단기 차익을 보전하기 위해 회사에 $90,600을 납부했다는 설명이 포함되어 있습니다. Form 4는 2025년 8월 28일 서명 및 날짜가 기재되어 있습니다.
Le directeur de Sharps Technology Inc. (STSS/STSSW), Timothy James Ruemler, a déclaré quatre ventes distinctes d'actions ordinaires de la société le 27/08/2025, chacune de 5 000 actions aux prix de 16,575 $, 16,54 $, 17,0922 $ et 16,75 $. Après ces opérations, sa participation bénéficiaire est passée de 35 218 actions à 20 218 actions, comme indiqué sur le formulaire. Le dépôt comporte une note explicative précisant que les actions ont été vendues par inadvertance et que M. Ruemler a versé 90 600 $ à la société pour couvrir les gains à court terme. Le Formulaire 4 est signé et daté du 28/08/2025.
Timothy James Ruemler, Direktor von Sharps Technology Inc. (STSS/STSSW), meldete am 27.08.2025 vier getrennte Verkäufe von Stammaktien der Gesellschaft, jeweils 5.000 Aktien zu Preisen von $16,575, $16,54, $17,0922 und $16,75. Nach diesen Transaktionen sank sein wirtschaftlicher Besitz laut Formular von 35.218 Aktien auf 20.218 Aktien. Die Einreichung enthält eine erläuternde Anmerkung, dass die Aktien versehentlich verkauft wurden und dass Herr Ruemler $90.600 an das Unternehmen gezahlt hat, um Short-Swing-Gewinne auszugleichen. Das Formular 4 ist am 28.08.2025 unterschrieben und datiert.
- Timely disclosure: Form 4 filed and manually signed within one day of the sales, showing compliance with reporting rules
- Corrective action: Filer tendered $90,600 for short-swing profits as stated, addressing Section 16(b) exposure
- Inadvertent insider sales: Director sold 20,000 shares on 08/27/2025, reducing beneficial ownership to 20,218 shares
- Potential governance concern: The characterization of the sales as inadvertent suggests weaknesses in trading controls or pre-clearance processes
Insights
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.
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.
Il direttore di Sharps Technology Inc. (STSS/STSSW), Timothy James Ruemler, ha comunicato quattro distinte vendite di azioni ordinarie della società il 27/08/2025, ciascuna di 5.000 azioni a prezzi di $16,575, $16,54, $17,0922 e $16,75. Dopo queste operazioni la sua partecipazione detenuta è scesa da 35.218 azioni a 20.218 azioni, come indicato nel modulo. Il deposito include una nota esplicativa che afferma che le azioni sono state vendute involontariamente e che il sig. Ruemler ha versato $90.600 alla società per coprire i profitti da operazioni a breve termine. Il Modulo 4 è firmato e datato 28/08/2025.
El director de Sharps Technology Inc. (STSS/STSSW), Timothy James Ruemler, informó cuatro ventas separadas de acciones ordinarias de la compañía el 27/08/2025, cada una por 5.000 acciones a precios de $16.575, $16.54, $17.0922 y $16.75. Tras estas transacciones su participación beneficiaria cayó de 35.218 acciones a 20.218 acciones, según consta en el formulario. La presentación incluye una nota explicativa que indica que las acciones se vendieron inadvertidamente y que el Sr. Ruemler ha entregado $90.600 a la compañía para cubrir las ganancias por operaciones a corto plazo. El Formulario 4 está firmado y fechado el 28/08/2025.
Sharps Technology Inc.(STSS/STSSW) 이사 Timothy James Ruemler는 2025년 8월 27일 회사 보통주를 각각 5,000주씩 총 네 차례에 걸쳐 주당 $16.575, $16.54, $17.0922 및 $16.75에 매도했다고 보고했습니다. 이 거래 후 그의 소유 지분은 서류에 기재된 바와 같이 35,218주에서 20,218주로 감소했습니다. 제출 서류에는 해당 주식이 실수로 매도되었으며 Ruemler 씨가 단기 차익을 보전하기 위해 회사에 $90,600을 납부했다는 설명이 포함되어 있습니다. Form 4는 2025년 8월 28일 서명 및 날짜가 기재되어 있습니다.
Le directeur de Sharps Technology Inc. (STSS/STSSW), Timothy James Ruemler, a déclaré quatre ventes distinctes d'actions ordinaires de la société le 27/08/2025, chacune de 5 000 actions aux prix de 16,575 $, 16,54 $, 17,0922 $ et 16,75 $. Après ces opérations, sa participation bénéficiaire est passée de 35 218 actions à 20 218 actions, comme indiqué sur le formulaire. Le dépôt comporte une note explicative précisant que les actions ont été vendues par inadvertance et que M. Ruemler a versé 90 600 $ à la société pour couvrir les gains à court terme. Le Formulaire 4 est signé et daté du 28/08/2025.
Timothy James Ruemler, Direktor von Sharps Technology Inc. (STSS/STSSW), meldete am 27.08.2025 vier getrennte Verkäufe von Stammaktien der Gesellschaft, jeweils 5.000 Aktien zu Preisen von $16,575, $16,54, $17,0922 und $16,75. Nach diesen Transaktionen sank sein wirtschaftlicher Besitz laut Formular von 35.218 Aktien auf 20.218 Aktien. Die Einreichung enthält eine erläuternde Anmerkung, dass die Aktien versehentlich verkauft wurden und dass Herr Ruemler $90.600 an das Unternehmen gezahlt hat, um Short-Swing-Gewinne auszugleichen. Das Formular 4 ist am 28.08.2025 unterschrieben und datiert.