Form 4: MiMedx Group CFO Doug Rice Reports Stock Transaction
SEC Form 4 Filing
Doug Rice, CFO of MiMedx Group, reports the withholding of 12,749 common stock shares to cover tax liabilities upon vesting of restricted stock units on July 8, 2024.
Summary
- On July 8, 2024, Doug Rice, the Chief Financial Officer of MiMedx Group, Inc., had 12,749 shares of common stock withheld to cover tax liabilities.
- The shares were withheld at a price of $6.79 per share.
- Following the transaction, Rice directly owns 147,929 shares of MiMedx Group, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax withholding on vested stock, so it doesn't carry strong positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock units, which is a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 07/08/2024 | Date of stock transaction (tax withholding). |
| 07/09/2024 | Date of signature on the Form 4 filing. |
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