Director at TransMedics (TMDX) receives 2,922 RSU equity grant, holds 5,788 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Basile Edward M reported acquisition or exercise transactions in this Form 4 filing.
TransMedics Group, Inc. director Edward M. Basile received a grant of 2,922 shares of common stock in the form of restricted stock units. The award was made at no cash cost per share and is a form of equity compensation. Following this grant, Basile directly holds 5,788 shares of the company’s common stock, showing his stake has increased through stock-based awards rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Basile Edward M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,922 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,788 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,922 shares
Grant price per share: $0.00 per share
Shares held after grant: 5,788 shares
+1 more
4 metrics
RSU grant size
2,922 shares
Restricted stock units awarded to director Edward M. Basile
Grant price per share
$0.00 per share
Reported transaction price for RSU grant
Shares held after grant
5,788 shares
Total common shares directly held after transaction
Transaction date
2026-05-20
Date of RSU award to Edward M. Basile
Key Terms
restricted stock units, RSUs, contingent right, Form 4
4 terms
restricted stock units financial
"Consists of 2,922 restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Consists of 2,922 restricted stock units ("RSUs")."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each RSU represents a contingent right to receive one share"
Form 4 regulatory
"This Form 4 insider filing reports the equity grant."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TransMedics (TMDX) report for Edward M. Basile?
TransMedics reported that director Edward M. Basile received 2,922 restricted stock units of common stock. This equity award was recorded as a grant at no cash cost per share and increased his directly held position to 5,788 shares.
Was the recent TransMedics (TMDX) insider transaction a purchase or a grant?
The transaction was a grant of 2,922 restricted stock units, not an open-market purchase. Each RSU represents a contingent right to receive one share of TransMedics common stock as part of Basile’s equity-based compensation.
What are the terms of the 2,922 RSUs granted by TransMedics (TMDX)?
The filing states the award consists of 2,922 restricted stock units, each representing a contingent right to receive one share of TransMedics common stock. The grant price is shown as zero, reflecting compensation rather than a cash purchase.