Form 4: Tela Bio Executive Gregory A. Firestone Reports Stock Transaction
SEC Form 4 Filing
Gregory A. Firestone, Chief Commercial Officer of Tela Bio, Inc., reports the disposition of 1,093 shares to cover withholding taxes and the acquisition of 1,079 shares through the employee stock purchase plan.
Summary
- On August 3, 2024, Gregory A. Firestone, Chief Commercial Officer of TELA Bio, Inc., disposed of 1,093 shares of common stock to satisfy withholding taxes at a price of $4.25 per share.
- Following the transaction, Firestone directly owns 50,613 shares of TELA Bio, Inc.
- This includes 1,079 shares acquired under the Issuer's employee stock purchase plan on July 31, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Positives
- Firestone's participation in the employee stock purchase plan indicates confidence in the company's future.
Industry Context
This filing is a routine disclosure related to executive stock transactions and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| July 31, 2024 | Acquisition of 1,079 shares under the employee stock purchase plan. |
| August 3, 2024 | Disposition of 1,093 shares to satisfy withholding taxes. |
| August 6, 2024 | Date of the report filing. |
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