Form 4: MiMedx Group General Counsel Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
William Frank Hulse IV, General Counsel and CAO of MiMedx Group, sold shares to cover tax withholding liabilities related to vesting performance and restricted stock units.
Summary
- William Frank Hulse IV, the General Counsel and CAO of MiMedx Group, Inc. (MDXG), sold shares of common stock on March 13, 2025.
- A total of 34,230 shares were sold at a price of $7.89 per share to cover tax obligations related to vesting performance stock units.
- An additional 20,366 shares were sold at the same price to cover tax obligations related to vesting restricted stock units.
- Following these transactions, Hulse directly owns 440,178 shares of MiMedx Group common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover tax obligations), so the sentiment is neutral.
Industry Context
Sales of shares to cover tax obligations upon vesting of stock awards are a common practice among corporate executives.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of stock sale transactions. |
| 03/14/2025 | Date of signature on the Form 4 filing. |
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