Form 4: Tivic Health CFO's Routine Stock Transaction

Tivic Health Systems CFO Lisa G. Wolf reported the vesting and tax-related sale of common stock following the conversion of Restricted Stock Units.

Summary

• Lisa G. Wolf, Chief Financial Officer of Tivic Health Systems, Inc. (TIVC), reported a change in beneficial ownership on December 18, 2025.
• Wolf acquired 736 shares of Common Stock through the conversion of Restricted Stock Units (RSUs).
• Concurrently, 302 shares of Common Stock were forfeited to cover tax withholdings at a market price of $1.87 per share.
• Following these transactions, Wolf beneficially owns 434 shares of Common Stock.
• The RSUs vest 50% on the one-year anniversary of the grant date (December 18, 2024), with the balance vesting in eight equal quarterly installments, completing on the third anniversary of the Vesting Commencement Date.

Sentiment

Score: 6

Explanation: The filing details a routine, pre-scheduled executive compensation event involving the vesting of Restricted Stock Units and a tax-related sale of shares. This is a neutral to slightly positive event, as it reflects ongoing executive compensation and retention, without indicating any significant operational or financial news for the company.

Positives

• The vesting of Restricted Stock Units indicates a scheduled compensation event for a key executive, aligning management's interests with shareholder value over time.
• The transaction is a routine part of executive compensation plans, demonstrating the company's commitment to retaining talent through equity incentives.

Negatives

• A portion of the vested shares (302 shares) was sold to cover tax liabilities, resulting in a reduction of the executive's direct share ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction is a routine insider filing and is unlikely to have a significant direct impact on the company's share price or long-term value. It reflects standard executive compensation practices.
• Employees: No direct impact on the broader employee base.
• Customers, Suppliers, Creditors: No direct impact on these stakeholders.

Next Steps

• The remaining balance of the Restricted Stock Units will continue to vest in a series of eight successive equal quarterly installments, measured from the first anniversary of the Vesting Commencement Date, until fully vested on the third anniversary of the Vesting Commencement Date.

Key Dates

Keywords

Tivic Health Systems, TIVC, Form 4, Insider Trading, Restricted Stock Units, RSU, Common Stock, Executive Compensation, Lisa G. Wolf, Chief Financial Officer