Form 4: Rockwell Medical EVP Megan Timmins Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Megan Timmins, EVP, CLO and Secretary of Rockwell Medical, reports disposing of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 14, 2025, Megan Timmins disposed of 3,666 shares of Rockwell Medical common stock at $1.7 per share to cover tax obligations.
- Following this transaction, Timmins directly owns 71,712 shares of common stock.
- On March 17, 2025, Timmins disposed of 3,137 shares of Rockwell Medical common stock at $1.77 per share to cover tax obligations.
- Following this transaction, Timmins directly owns 68,575 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and are used to disclose transactions in company stock by insiders.
Stakeholder Impact
- The stock disposals by Megan Timmins may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Disposal of 3,666 shares of common stock at $1.7 per share. |
| 03/17/2025 | Disposal of 3,137 shares of common stock at $1.77 per share. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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