TELA Bio (TELA) director granted 20,930 fully vested shares
Rhea-AI Filing Summary
Plovanic William J. reported acquisition or exercise transactions in this Form 4 filing.
TELA Bio, Inc. director William J. Plovanic received a grant of 20,930 shares of common stock, valued at $0.785 per share, as compensation. The shares were issued in lieu of cash under the company’s Amended and Restated Non-Employee Director Compensation Policy and are fully vested, bringing his direct holdings to 44,530 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Plovanic William J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,930 | $0.785 | $16K |
Holdings After Transaction:
Common Stock — 44,530 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 20,930 shares
Grant value per share: $0.785 per share
Post-transaction holdings: 44,530 shares
3 metrics
Shares granted
20,930 shares
Common stock issued as director compensation in lieu of cash
Grant value per share
$0.785 per share
Reported price for the 20,930-share common stock award
Post-transaction holdings
44,530 shares
Total common shares directly owned by Plovanic after the grant
Key Terms
in lieu of cash compensation, Amended and Restated Non-Employee Director Compensation Policy, fully vested, non-derivative
4 terms
in lieu of cash compensation financial
"Represents shares of common stock issued in lieu of cash compensation"
Amended and Restated Non-Employee Director Compensation Policy financial
"under the Issuer's Amended and Restated Non-Employee Director Compensation Policy"
fully vested financial
"All shares are fully vested"
non-derivative financial
"transaction_type": "non-derivative""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TELA (TELA) director William J. Plovanic report on this Form 4?
William J. Plovanic reported receiving 20,930 shares of TELA Bio common stock as a grant. The shares were issued in lieu of cash compensation for director service and are fully vested, increasing his direct holdings to 44,530 shares.
Was the TELA (TELA) Form 4 transaction an open-market purchase or a compensation award?
The Form 4 reports a compensation award, not an open-market purchase. Plovanic received 20,930 shares of common stock issued in lieu of cash compensation under TELA Bio’s Amended and Restated Non-Employee Director Compensation Policy.