Insider Filing: TNON Chief Commercial Officer Reports Direct and Indirect Holdings
Rhea-AI Filing Summary
Nathaniel A. Grawey, Chief Commercial Officer of Tenon Medical (TNON), reported beneficial ownership on a Form 3. He directly holds 138,114 shares of common stock, which are stated to be subject to a vesting schedule and non-transferable, and has an indirect interest in 175,383 shares through SiVantage, Inc. SiVantage owns 710,300 shares and Grawey holds 24.69% of that company.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine disclosure of insider holdings showing direct and indirect ownership with a vesting condition on direct shares.
The Form 3 documents Nathaniel Grawey's position as Chief Commercial Officer and quantifies his economic exposure to Tenon Medical: 138,114 directly held common shares (subject to vesting and non-transferability) plus an indirect interest of 175,383 shares via SiVantage, where he owns 24.69%. This is a standard, non-eventful governance disclosure that enhances transparency about insider alignment.
TL;DR: Insider disclosed a total beneficial interest of 313,497 common shares, split between direct and indirect holdings.
The filing shows explicit share counts and the structure of indirect ownership: SiVantage holds 710,300 shares and Grawey's stake in SiVantage translates to 175,383 TNON shares. The direct holdings (138,114) being subject to vesting and non-transferable may affect near-term liquidity of those shares. The disclosure is informational and does not indicate a material corporate development.