Treace Medical (TMCI) Officer Form 4: 373,807 shares reported
Rhea-AI Filing Summary
Sean F. Scanlan, identified as Chief Innovation Officer of Treace Medical Concepts, Inc. (TMCI), reported a common stock transaction dated 08/09/2025 on a Form 4. The filing records a transaction coded F and shows the reporting line items 9,814 with a marker D and a post-transaction beneficial ownership total of 373,807 shares held directly.
The form includes an explanatory footnote that the beneficial ownership figure includes 284,798 restricted stock units. The filing was executed by an attorney-in-fact on behalf of Mr. Scanlan as indicated on the form.
Positive
- Transparent disclosure: The Form 4 clearly reports the officer's transaction and resulting ownership totals.
- Large equity stake reported: The filing shows 373,807 shares beneficially owned directly, including 284,798 restricted stock units, clarifying the composition of holdings.
Negative
- Disposition indicated: The table includes a line with 9,814 and a D marker, indicating a reported disposal on the face of the table.
- Price field shows $0: The tabular price entry is listed as $0, which lacks explanatory context in the filing text provided.
Insights
TL;DR: Routine insider transaction disclosure showing the officer retains substantial direct ownership, including many restricted stock units.
The Form 4 documents a security change for the Chief Innovation Officer with a post-transaction direct holding of 373,807 shares, of which the filing explicitly states 284,798 are restricted stock units. The report uses transaction code F and references 9,814 alongside a D designation. From a governance perspective, this filing provides transparent reporting of officer ownership and the composition of holdings; no governance breach or procedural irregularity is apparent from the text provided.
TL;DR: Disclosure shows an insider ownership update with a sizable RSU component; the reported numbers are clearly stated but not materially transformative.
The document discloses a common stock transaction dated 08/09/2025 and a resulting direct beneficial ownership of 373,807 shares. The explicit note that 284,798 of those are restricted stock units clarifies that a large portion of the holding is equity compensation rather than fully liquid shares. The filing lists 9,814 with a D indicator and a price field shown as $0 in the table; the filing does not provide additional context for that line beyond the tabular entries.