Tenon Medical (TNON) director converts 10,732 RSUs into common stock
Rhea-AI Filing Summary
Tenon Medical, Inc. director Stephen Hochschuler converted 10,732 restricted stock units granted on October 13, 2025 into 10,732 shares of common stock on July 31, 2026 at a stated price of $0.00 per share. After the conversion, he directly holds 18,670 shares of Tenon Medical common stock and no remaining units from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,732 shares
Net Buy
2 txns
Insider
Hochschuler Stephen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 10,732 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 10,732 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 18,670 shares (Direct)
Footnotes (2)
- F1. Represents conversion of 10,732 restricted stock units granted to the reporting person on October 13, 2025 into 10,732 shares of common stock of the Issuer on July 31, 2026.
- F2. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
Key Figures
Restricted stock units converted: 10,732 units
Common shares acquired via conversion: 10,732 shares
Holdings after transaction: 18,670 shares
+1 more
4 metrics
Restricted stock units converted
10,732 units
Conversion of restricted stock units into common stock on July 31, 2026
Common shares acquired via conversion
10,732 shares
Shares of Tenon Medical common stock received from RSU conversion on July 31, 2026
Holdings after transaction
18,670 shares
Direct Tenon Medical common stock holdings reported after the July 31, 2026 transactions
Reported per-share price
$0.00 per share
Stated price for the RSU conversion into common stock on July 31, 2026
Key Terms
Restricted Stock Units, derivative security, contingent right
3 terms
Restricted Stock Units financial
"Conversion of 10,732 Restricted Stock Units into common stock on July 31, 2026."
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.
derivative security financial
"Transaction described as an exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Tenon Medical (TNON) director Stephen Hochschuler report?
Stephen Hochschuler converted 10,732 restricted stock units into 10,732 shares of Tenon Medical common stock on July 31, 2026. The units were granted on October 13, 2025 and each represented a contingent right to receive one common share.
Were Stephen Hochschuler’s Tenon Medical (TNON) transactions under a Rule 10b5-1 plan?
These transactions were reported with the Rule 10b5-1 checkbox left unchecked, indicating they were not designated as being executed under a Rule 10b5-1 trading plan. No footnote describes any separate pre-arranged trading arrangement for this activity.
When were the restricted stock units granted to Stephen Hochschuler at Tenon Medical (TNON)?
The 10,732 restricted stock units converted on July 31, 2026 were granted on October 13, 2025. Each restricted stock unit represented a contingent right to receive one share of Tenon Medical common stock, as described in the transaction footnotes.
Did this transaction change Stephen Hochschuler’s restricted stock unit balance at Tenon Medical (TNON)?
Yes. The conversion of 10,732 restricted stock units into an equal number of common shares reduced his reported holdings of these units to zero. All 10,732 units from this specific grant are now reflected as common stock holdings instead.