Tenon Medical (NASDAQ: TNON) CTO converts RSUs, sells shares for taxes
Rhea-AI Filing Summary
Tenon Medical director and Chief Technology Officer Richard Ginn reported the vesting and conversion of 126,577 restricted stock units into the same number of common shares on July 31, 2026, from RSUs granted on October 13, 2025. On August 3, 2026, he sold 44,809 common shares at $0.198 per share to pay tax liability related to this RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 81,768 shares
Net Buy
3 txns
Insider
GINN RICHARD
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F2 | 44,809 | $0.198 | $9K |
| Exercise | Restricted Stock Units F1, F3 | 126,577 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 126,577 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 167,357 shares (Direct)
Footnotes (3)
- F1. Represents conversion of 126,577 restricted stock units ('RSUs') granted to the reporting person on October 13, 2025 into 126,577 shares of common stock of the Issuer on July 31, 2026.
- F2. These shares were sold to pay tax liability associated with the vesting of RSUs.
- F3. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
Key Figures
RSUs converted: 126,577 units
Common shares acquired: 126,577 shares
Shares sold for taxes: 44,809 shares
+3 more
6 metrics
RSUs converted
126,577 units
Restricted stock units converted into common stock on July 31, 2026
Common shares acquired
126,577 shares
Common stock received from RSU conversion on July 31, 2026
Shares sold for taxes
44,809 shares
Common shares sold on August 3, 2026 to pay RSU-related tax liability
Sale price
$0.198 per share
Price for 44,809 common shares sold on August 3, 2026
RSU grant date
October 13, 2025
Grant date of 126,577 RSUs later converted into common stock
RSU-to-share ratio
1 share per RSU
Each restricted stock unit represents a contingent right to receive one share of common stock
Key Terms
Restricted Stock Units, tax liability, derivative security
3 terms
Restricted Stock Units financial
"Represents conversion of 126,577 restricted stock units ('RSUs') granted"
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.
tax liability financial
"These shares were sold to pay tax liability associated with the vesting"
derivative security financial
"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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Tenon Medical (TNON) report for Richard Ginn?
Richard Ginn reported conversion of 126,577 RSUs into the same number of Tenon Medical common shares on July 31, 2026, and a subsequent sale of 44,809 shares at $0.198 per share on August 3, 2026 to pay tax liability from that vesting.
How many RSUs vested for Tenon Medical (TNON) CTO Richard Ginn?
The filing shows that 126,577 restricted stock units granted on October 13, 2025 vested and were converted into 126,577 shares of Tenon Medical common stock on July 31, 2026, with each RSU representing a contingent right to receive one share.
What were the dates of Richard Ginn’s recent Tenon Medical (TNON) equity events?
The RSU grant occurred on October 13, 2025, the 126,577 RSUs converted into common stock on July 31, 2026, and 44,809 of the resulting common shares were sold on August 3, 2026 to satisfy related tax obligations.
Were Richard Ginn’s Tenon Medical (TNON) transactions under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes describe RSU vesting, conversion, and tax-liability sales only. There is no indication in this report that these transactions were executed under a Rule 10b5-1 trading plan.