Treace Medical (NASDAQ: TMCI) director gets 30,000 RSUs, holds 75,243
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Treace Medical Concepts director Betsy Hanna received an equity award of 30,000 restricted stock units (RSUs). Each RSU converts into one share of common stock and will vest 100% on the earlier of May 19, 2027 or the 2027 annual stockholder meeting, contingent on continued service. After this grant, she holds 75,243 shares, including the 30,000 RSUs, with settlement of these units deferred until a change in control or her separation of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hanna Betsy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 75,243 shares (Direct, null)
Footnotes (1)
- 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 will be 100% vested on the earlier of (a) May 19, 2027 or (b) the date of the 2027 annual meeting of stockholders, subject to Reporting Person's providing continued service to Issuer through the vesting date. The Reporting Person voluntarily elected to defer receipt of the shares of the Issuer's Common Stock issuable upon settlement of the RSUs until the earlier of a change in control or the Reporting Person's separation of service to the Issuer. Includes 30,000 restricted stock units.
Key Figures
RSU grant size: 30,000 RSUs
Post-grant holdings: 75,243 shares
Vesting schedule: 100% by May 19, 2027
+2 more
5 metrics
RSU grant size
30,000 RSUs
Equity award to director on May 19, 2026
Post-grant holdings
75,243 shares
Total holdings following RSU award, including units
Vesting schedule
100% by May 19, 2027
Or earlier 2027 annual stockholder meeting, if sooner
RSU-to-share ratio
1 RSU : 1 share
Each RSU settles into one common share upon vesting
Deferral trigger events
Change in control or separation
Share delivery deferred until one of these events
Key Terms
restricted stock units (RSUs), change in control, separation of service
3 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) for which the Reporting Person is entitled to receive one (1) share..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
change in control financial
"defer receipt of the shares ... until the earlier of a change in control or the Reporting Person's separation of service"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
separation of service financial
"until the earlier of a change in control or the Reporting Person's separation of service to the Issuer"
FAQ
What insider transaction did TMCI director Betsy Hanna report?
Director Betsy Hanna reported an equity compensation grant of 30,000 restricted stock units in Treace Medical Concepts. These RSUs are not a market purchase; they are an award that converts into common shares upon future vesting and settlement.
How many Treace Medical (TMCI) RSUs were granted to the director?
The director received 30,000 restricted stock units from Treace Medical Concepts. Each RSU will convert into one share of common stock if and when the units vest and are ultimately settled under the award’s terms.
What is the vesting schedule for TMCI director Betsy Hanna’s 30,000 RSUs?
The 30,000 RSUs will vest 100% on the earlier of May 19, 2027 or the 2027 annual meeting of stockholders. Vesting is conditioned on Betsy Hanna continuing to provide service to Treace Medical Concepts through the applicable vesting date.
What deferral terms apply to TMCI director Betsy Hanna’s RSU award?
The director voluntarily deferred receipt of common shares issuable upon RSU settlement until the earlier of a change in control or her separation of service. This means shares underlying vested RSUs will not be delivered until one of those triggering events occurs.
Does this TMCI Form 4 reflect a stock purchase or a compensation award?
The Form 4 reflects a compensation-related award, not an open-market stock purchase. The 30,000 units are restricted stock units granted at no cash cost, which may eventually convert into common shares if vesting and settlement conditions are met.