Treace Medical Concepts (TMCI) officer disposes shares for tax or exercise costs
Rhea-AI Filing Summary
TREACE MEDICAL CONCEPTS, INC. reporting person Sean F. Scanlan, Chief Innovation Officer, reported a Form 4 transaction involving 9,814 shares of common stock delivered or withheld for payment of exercise price or tax liability. Following this disposition, he directly holds 679,863 shares of common stock, which includes 463,167 restricted stock units and reflects a transfer of 15,000 shares to a former spouse pursuant to a domestic relations order.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,814 shares
Net Sell
1 txn
Insider
Scanlan Sean F.
Role
Chief Innovation Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock F1, F2 | 9,814 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 679,863 shares (Direct)
Footnotes (2)
- F1. Includes 463,167 restricted stock units.
- F2. Reflects the transfer of 15,000 shares of common stock to the reporting person's former spouse pursuant to a domestic relations order.
Key Figures
Shares delivered/withheld: 9,814 shares
Shares held after transaction: 679,863 shares
Restricted stock units included: 463,167 units
+1 more
4 metrics
Shares delivered/withheld
9,814 shares
Common stock used for payment of exercise price or tax liability on 2026-08-09
Shares held after transaction
679,863 shares
Direct common stock ownership by Sean F. Scanlan following the disposition
Restricted stock units included
463,167 units
RSUs included within the reported 679,863 post-transaction shares
Shares transferred to former spouse
15,000 shares
Transfer pursuant to a domestic relations order reflected in post-transaction amounts
Key Terms
restricted stock units, domestic relations order, exercise price or tax liability
3 terms
restricted stock units financial
"Includes 463,167 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.
domestic relations order regulatory
"pursuant to a domestic relations order."
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What insider transaction did TMCI executive Sean F. Scanlan report on this Form 4?
Sean F. Scanlan reported a disposition of 9,814 shares of TREACE MEDICAL CONCEPTS common stock, delivered or withheld to pay the exercise price or tax liability related to equity compensation.
How many restricted stock units does TMCI executive Sean F. Scanlan hold?
Sean F. Scanlan’s post-transaction holdings include 463,167 restricted stock units, which form part of his total 679,863-share direct ownership position in TREACE MEDICAL CONCEPTS common stock.
Was the TMCI Form 4 transaction by Sean F. Scanlan under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, indicating the reported 9,814-share exercise-price-or-tax-liability disposition is not identified as occurring under such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.