Tenon Medical CFO has 30 RSUs vest, 11 shares withheld
Tenon Medical’s CFO had RSUs vest into common stock, then used 11 shares to cover tax liabilities tied to the vesting.
Rhea-AI Filing Summary
Tenon Medical, Inc. (TNON) reported that its Chief Financial Officer, Kevin Williamson, had 30 restricted stock units vest and convert into 30 shares of common stock on September 8, 2026, from RSUs granted November 5, 2024 and adjusted for a 1-for-35 reverse stock split effected August 10, 2026. On September 9, 2026, 11 of the resulting common shares were delivered or withheld at a price of $3.45 per share to pay the associated tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
30 shares exercised/converted
Exercise
3 txns
Insider
Williamson Kevin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F3 | 11 | $3.45 | $37.95 |
| Exercise | Restricted Stock Units F1, F2 | 30 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 30 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 60 contracts (Direct);
Common Stock — 2,580 shares (Direct)
Footnotes (3)
- F1. Represents conversion of 30 restricted stock units ("RSUs") granted to the reporting person on November 5, 2024 into 30 shares of common stock of the Issuer on September 8, 2026, as adjusted for 1-for-35 reverse stock split of the Issuer's common stock effected on August 10, 2026.
- F2. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
- F3. These shares were sold to pay tax liability associated with the vesting of RSUs.
Key Figures
RSUs converted: 30 units
Common shares received from RSU conversion: 30 shares
Shares used for tax withholding: 11 shares
+3 more
6 metrics
RSUs converted
30 units
Restricted stock units converted into common stock on September 8, 2026
Common shares received from RSU conversion
30 shares
Shares of Tenon Medical common stock issued upon RSU conversion on September 8, 2026
Shares used for tax withholding
11 shares
Common stock delivered or withheld to pay tax liability on September 9, 2026
Tax-withholding price
$3.45 per share
Price for 11 common shares used to satisfy tax liability on September 9, 2026
RSU-to-share ratio
1 share per RSU
Each restricted stock unit represents a contingent right to receive one share of common stock
Reverse stock split ratio
1-for-35
Reverse stock split of common stock effected on August 10, 2026 referenced in the RSU footnote
Key Terms
Restricted Stock Units, reverse stock split, contingent right, tax liability
4 terms
Restricted Stock Units financial
"Represents conversion of 30 restricted stock units ("RSUs") granted to the reporting"
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.
reverse stock split financial
"as adjusted for 1-for-35 reverse stock split of the Issuer's common stock"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
tax liability financial
"These shares were sold to pay tax liability associated with the vesting of RSUs"
FAQ
What insider transaction did Tenon Medical (TNON) report for its CFO?
Tenon Medical reported that CFO Kevin Williamson had 30 RSUs vest and convert into 30 shares of common stock on September 8, 2026, with a portion of the resulting shares later used to satisfy tax liabilities.
How many Tenon Medical (TNON) RSUs vested for the CFO and when?
30 restricted stock units vested for CFO Kevin Williamson on September 8, 2026. These RSUs were originally granted on November 5, 2024 and were adjusted for Tenon Medical’s 1-for-35 reverse stock split effected August 10, 2026.
How did Tenon Medical’s reverse stock split affect the CFO’s RSUs?
The footnotes state that the 30 RSUs that vested on September 8, 2026 were adjusted for a 1-for-35 reverse stock split of Tenon Medical’s common stock that was effected on August 10, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.