Tenon Medical (NASDAQ: TNON) holder sells 419 shares
Rhea-AI Filing Summary
Tenon Medical, Inc. (TNON) had a Form 4 filed by reporting person HRT FINANCIAL LP, identified as a ten percent owner. On 2026-08-27, HRT FINANCIAL LP reported a sale of 419 shares of common stock at $4.96 per share, leaving 9,604 shares held directly. A footnote states that the transaction resulted in short sales, and that full price details by execution are available upon request to specified parties.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 419 shares
Net Sell
1 txn
Insider
HRT FINANCIAL LP
Role
10% Owner
Sold
419 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 419 | $4.96 | $2K |
Holdings After Transaction:
Common Stock — 9,604 shares (Direct)
Footnotes (2)
- F1. We will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
- F2. Resulting in short sales.
Key Figures
Shares sold: 419 shares of Common Stock
Sale price per share: $4.96 per share
Shares held after transaction: 9,604 shares of Common Stock
+1 more
4 metrics
Shares sold
419 shares of Common Stock
Sale reported on 2026-08-27 by HRT FINANCIAL LP
Sale price per share
$4.96 per share
Price for the 419 shares of Common Stock sold on 2026-08-27
Shares held after transaction
9,604 shares of Common Stock
Direct holdings of HRT FINANCIAL LP following the 2026-08-27 sale
Net shares sold
419 shares
Net-basis sale across all reported transactions in this Form 4
Key Terms
ten percent owner, short sales, Sale in open market or private transaction
3 terms
ten percent owner regulatory
"reporting person HRT FINANCIAL LP is identified as a ten percent owner"
short sales market
"A footnote states that the transaction resulted in short sales"
Short sales are trades where an investor borrows shares and sells them immediately, aiming to buy them back later at a lower price and return them to the lender; the profit is the difference if the price falls. This matters to investors because short selling can signal negative expectations about a company, add downward pressure on a stock’s price, and carries unlimited loss risk if the stock rises instead of falls—like betting a borrowed item will be cheaper to replace later.
Sale in open market or private transaction market
"transaction code description is Sale in open market or private transaction"
FAQ
What insider transaction did HRT FINANCIAL LP report for TNON?
HRT FINANCIAL LP reported a sale of 419 shares of Tenon Medical, Inc. common stock on 2026-08-27 at a reported $4.96 per share, classified as a sale in an open market or private transaction.
Was the TNON Form 4 transaction by HRT FINANCIAL LP a buy or a sell?
The Form 4 reports a sale of Tenon Medical, Inc. common stock by HRT FINANCIAL LP, coded as transaction type S, indicating a sale in an open market or private transaction, with an acquired/disposed code of D (disposition).
Did the reported TNON transaction by HRT FINANCIAL LP involve short sales?
Yes. A footnote to the Form 4 explicitly states that the transaction is "Resulting in short sales," indicating that the reported sale activity resulted in short sale positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.