TELA Bio (NASDAQ: TELA) director Guido Neels granted stock and long-term options
Rhea-AI Filing Summary
TELA Bio director Guido J. Neels reported equity awards rather than open-market trades. On June 9, 2026, he received two grants of Common Stock totaling 23,600 shares after the larger grant and 11,925 shares after the second grant, both at $0.00 per share as compensation awards.
He also received two stock option grants covering 17,335 and 17,550 shares of Common Stock at an exercise price of $0.935 per share, expiring on June 9, 2036. The footnotes state these restricted stock units and options vest over time, generally in annual or monthly installments beginning on or before June 9, 2027, or earlier upon specified events, subject to his continued service.
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Insights
Routine director equity grants with no open-market buying or selling.
The Form 4 shows Guido J. Neels, a director of TELA Bio, Inc., receiving stock and option awards as part of his compensation. All four entries use transaction code A, indicating grants or awards rather than market purchases or sales.
He received Common Stock awards at $0.00 per share and options with a $0.935 exercise price expiring on June 9, 2036. Footnotes describe multi-year vesting schedules tied to continued service and events such as a Change in Control. This appears to be standard board compensation, not a directional bet on the stock.
Because there are no sales and the awards vest over time, the filing mainly increases his long-term exposure to TELA Bio equity. Subsequent company filings may provide more detail on the overall equity incentive plan and how such grants fit into broader governance and pay practices.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 17,550 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 17,335 | $0.00 | -- |
| Grant/Award | Common Stock | 11,925 | $0.00 | -- |
| Grant/Award | Common Stock | 11,675 | $0.00 | -- |
Footnotes (1)
- These restricted stock units will vest in three equal annual installments beginning on June 9, 2027, in each case subject to the Reporting Person's continued service through the applicable vesting date. These restricted stock units vest on the earlier of (a) June 9, 2027, (b) the next annual meeting of stockholders, or (c) the occurrence of a Change in Control (as defined in the Issuer's Amended and Restated 2019 Equity Incentive Plan), in each case subject to the Reporting Person's continued service through the applicable vesting date. The option vests in 36 equal monthly installments on each monthly anniversary of June 9, 2026, in each case subject to the Reporting Person's continued service through the applicable vesting date. The option vests on the earlier of (a) June 9, 2027, (b) the next annual meeting of stockholders, or (c) the occurrence of a Change in Control (as defined in the Issuer's Amended and Restated 2019 Equity Incentive Plan), in each case subject to the Reporting Person's continued service through the applicable vesting date.