Treace Medical (TMCI) grants officer 262,500 RSUs in equity award
Rhea-AI Filing Summary
Treace Medical Concepts Chief Legal & Compliance Officer Scot Michael Elder reported equity compensation and related share movements. On January 22, 2026, he disposed of 9,451 shares of Common Stock in a transaction coded "F" at a price of $0 per share, leaving him with 534,286 shares beneficially owned immediately after that line item. The same day, he acquired 262,500 shares of Common Stock in a transaction coded "A" at $0 per share, reported as restricted stock units.
The footnotes explain that these 262,500 RSUs each convert into one share of Common Stock upon vesting and vest in equal annual installments over four years, from January 22, 2027 through January 22, 2030, subject to continued service. After the reported transactions, Elder is shown as beneficially owning 796,786 shares, which includes 641,470 restricted stock units.
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FAQ
What insider activity did TMCI officer Scot Michael Elder report on this Form 4?
Scot Michael Elder, Chief Legal & Compliance Officer and Corporate Secretary of Treace Medical Concepts, Inc. (TMCI), reported disposing of 9,451 shares of Common Stock in a transaction coded "F" and acquiring 262,500 shares of Common Stock in a transaction coded "A" on January 22, 2026.
How many Treace Medical (TMCI) shares does Scot Michael Elder beneficially own after the reported transactions?
Following the reported transactions, Scot Michael Elder is shown as beneficially owning 796,786 shares of Common Stock, which the footnotes state includes 641,470 restricted stock units.
What are the terms of the 262,500 restricted stock units granted to the TMCI officer?
The 262,500 restricted stock units (RSUs) entitle the reporting person to receive one share of Common Stock for each RSU upon vesting. According to the footnote, these RSUs vest in equal annual installments over 4 years, with the first installment vesting on January 22, 2027 and the last on January 22, 2030, subject to continued service.
What does the footnote say about restricted stock units held by the TMCI officer?
One footnote states that Elder's holdings include 378,970 restricted stock units, and another notes that after the grant, his total reported beneficial ownership includes 641,470 restricted stock units. These RSUs each convert into one share of Common Stock upon vesting.
What is the significance of transaction codes "F" and "A" in this TMCI Form 4?
In this filing, the transaction coded "F" shows a disposition of 9,451 shares of Common Stock at a price of $0 per share, and the transaction coded "A" reflects an acquisition of 262,500 shares of Common Stock, also at $0 per share, reported as restricted stock units. Both transactions occurred on January 22, 2026.
What is Scot Michael Elder’s role at Treace Medical Concepts (TMCI)?
The reporting person, Elder Scot Michael, is identified as an officer of Treace Medical Concepts, Inc., holding the title Chief Legal & Compliance Officer and Corporate Secretary.