Treace Medical (TMCI) awards 30,000 RSUs to company director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HAMILTON LAWRENCE W reported acquisition or exercise transactions in this Form 4 filing.
Treace Medical Concepts director Lawrence W. Hamilton reported a grant of 30,000 restricted stock units (RSUs) of Common Stock. The award was recorded at a price of $0.00 per share, reflecting a stock-based compensation grant rather than an open-market purchase.
The RSUs will be 100% vested on the earlier of May 19, 2027 or the 2027 annual meeting of stockholders, as long as Hamilton continues serving the company through that date. He has elected to defer receipt of the underlying shares until the earlier of a change in control or his separation of service. After this grant, his direct holdings total 74,056 shares, including 30,000 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HAMILTON LAWRENCE W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 74,056 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
Grant price per share: $0.00 per share
Total holdings after grant: 74,056 shares
+2 more
5 metrics
RSU grant size
30,000 RSUs
Restricted stock units granted on May 19, 2026
Grant price per share
$0.00 per share
Reported value for RSU award
Total holdings after grant
74,056 shares
Direct holdings following the RSU grant
Vesting date trigger
Earlier of May 19, 2027 or 2027 annual meeting
100% RSU vesting condition
Transaction direction count
1 acquisition
Form 4 transaction summary for this filing
Key Terms
restricted stock units (RSUs), change in control, separation of service, annual meeting of stockholders
4 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"
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"
annual meeting of stockholders financial
"the earlier of (a) May 19, 2027 or (b) the date of the 2027 annual meeting of stockholders"
FAQ
What insider transaction did TMCI director Lawrence W. Hamilton report?
Lawrence W. Hamilton reported receiving a grant of 30,000 restricted stock units (RSUs) of Treace Medical Concepts common stock. This is a stock-based compensation award, not an open-market trade, and increases his total reported direct holdings in the company.
How many Treace Medical Concepts (TMCI) RSUs were granted to Hamilton?
Hamilton was granted 30,000 restricted stock units (RSUs) tied to Treace Medical Concepts common stock. Each RSU represents the right to receive one share upon settlement, subject to vesting and his continued service with the company through the vesting date.
What is the vesting schedule for Hamilton’s 30,000 TMCI RSUs?
The 30,000 RSUs will be 100% vested on the earlier of May 19, 2027 or the date of Treace Medical Concepts’ 2027 annual meeting of stockholders. Vesting is conditioned on Hamilton’s continued service to the company through that vesting date.
Did Lawrence W. Hamilton pay cash for the 30,000 TMCI RSUs?
No cash was paid for the award; the RSUs were granted at a reported price of $0.00 per share. This indicates a compensation grant rather than a market purchase and reflects equity-based pay from Treace Medical Concepts.
What are Hamilton’s total TMCI holdings after this RSU grant?
Following the grant, Hamilton’s direct holdings total 74,056 shares of Treace Medical Concepts common stock. This figure includes the 30,000 restricted stock units referenced in the filing, as noted in the accompanying footnote disclosure.