TMCI (TMCI) Chief Innovation Officer exercises options, granted RSUs
Rhea-AI Filing Summary
Treace Medical Concepts Chief Innovation Officer Sean F. Scanlan reported equity transactions in company stock. On January 21, 2026, he exercised a stock option for 53,500 shares of Common Stock at an exercise price of $0.72 per share, converting a previously held option into directly owned shares. On January 22, 2026, he received a grant of 262,500 restricted stock units (RSUs), each RSU representing one future share of Common Stock upon vesting. The RSUs vest in equal annual installments over four years from January 22, 2027 through January 22, 2030, contingent on his continued service with the company.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 262,500 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 53,500 | $0.00 | -- |
| Exercise | Common Stock | 53,500 | $0.72 | $39K |
Footnotes (1)
- Includes 283,948 restricted stock units. Represents restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of issuer's Common Stock for each RSU upon vesting. The RSUs vest in equal annual installments over 4 years, with the first installment vesting on January 22, 2027 and the last installment vesting on January 22, 2030; subject to Reporting Person's providing continued service to Issuer through each vesting date. Includes 511,291 restricted stock units The stock option vested in equal annual installments over 4 years, commencing on January 26, 2016 with the last installment vesting on January 26, 2020.
FAQ
What insider transactions did TMCI Chief Innovation Officer Sean F. Scanlan report?
Sean F. Scanlan reported two transactions: on January 21, 2026, he exercised a stock option into 53,500 shares of Common Stock at $0.72 per share, and on January 22, 2026, he received a grant of 262,500 restricted stock units (RSUs).
What is the size and vesting schedule of the new RSU grant for TMCI’s Chief Innovation Officer?
The grant consists of 262,500 RSUs, each convertible into one share of Common Stock upon vesting. The RSUs vest in four equal annual installments, with the first vesting on January 22, 2027 and the final installment on January 22, 2030, subject to continued service.
At what price did Sean F. Scanlan exercise his Treace Medical Concepts stock options?
On January 21, 2026, he exercised a stock option covering 53,500 shares of Treace Medical Concepts Common Stock at an exercise price of $0.72 per share.
What role does Sean F. Scanlan hold at Treace Medical Concepts (TMCI)?
Sean F. Scanlan is reported as an officer of Treace Medical Concepts with the title of Chief Innovation Officer.