Tenon Medical (TNON) director converts 10,732 RSUs into common stock
Rhea-AI Filing Summary
Tenon Medical, Inc. director Ivan Howard exercised 10,732 restricted stock units on July 31, 2026, converting them into 10,732 shares of common stock at $0.00 per share. The RSUs were fully converted, and his direct ownership increased to 19,194 common shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,732 shares
Net Buy
2 txns
Insider
HOWARD IVAN
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 — 19,194 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
RSUs converted: 10,732 units
Common shares received: 10,732 shares
Post-transaction holdings: 19,194 shares
+2 more
5 metrics
RSUs converted
10,732 units
Restricted stock units converted into common stock on July 31, 2026
Common shares received
10,732 shares
Shares of Tenon Medical common stock issued upon RSU conversion
Post-transaction holdings
19,194 shares
Director Ivan Howard’s direct common stock holdings after the transaction
Exercise price
$0.0000 per share
Reported transaction price for common shares issued on RSU conversion
Exercise shares summary
10,732 shares
Total shares involved in derivative exercise/conversion per transaction summary
Key Terms
Restricted Stock Units, derivative security, contingent right
3 terms
Restricted Stock Units financial
"Represents conversion of 10,732 restricted stock units granted to the reporting person"
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 code description: 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 insider transaction did Tenon Medical (TNON) director Ivan Howard report?
Director Ivan Howard reported exercising 10,732 restricted stock units on July 31, 2026, which converted into 10,732 shares of common stock. This was reported as an exercise or conversion of a derivative security at a price of $0.00 per share.
What happened to the 10,732 restricted stock units reported by Tenon Medical (TNON)?
The 10,732 restricted stock units were converted into 10,732 shares of common stock. A footnote explains these RSUs were granted on October 13, 2025 and each unit represented a contingent right to receive one share of Tenon Medical common stock.
Was the Tenon Medical (TNON) insider transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 affirmation box was not checked, so the transactions are not identified in this report as being made under a Rule 10b5-1 trading plan. No alternative pre-arranged trading arrangement is described in the footnotes.