Form 4: TELA Bio Executive Gregory A. Firestone Reports Share Disposal for Tax Obligations

Gregory A. Firestone, Chief Commercial Officer of TELA Bio, Inc., disposed of 119 common stock shares to cover withholding taxes upon the vesting of restricted stock units on March 31, 2025.

Summary

• On March 31, 2025, Gregory A. Firestone, the Chief Commercial Officer of TELA Bio, Inc., disposed of 119 shares of common stock.
• The transaction was executed to satisfy applicable withholding taxes related to the vesting of restricted stock units.
• The shares were disposed of at a price of $1.22 per share.
• Following the transaction, Firestone directly owns 106,804 shares of TELA Bio, Inc.
• The transaction was reported on April 2, 2025.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's overall outlook.

Industry Context

This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors. It is a normal part of executive compensation.

Stakeholder Impact

• The transaction has minimal direct impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates

Keywords

Form 4, TELA Bio, Insider Trading, Stock Disposal, Gregory A. Firestone, Chief Commercial Officer, Withholding Taxes, Restricted Stock Units