Form 4: TMCI Officer Scot Elder Reports Share Disposition

Scot Elder, Chief Legal & Compliance Officer of Treace Medical Concepts, Inc., reported a disposition of 984 common shares related to tax withholding.

Summary

• Scot Michael Elder, Chief Legal & Compliance Officer and Corporate Secretary of Treace Medical Concepts, Inc. (TMCI), reported a change in beneficial ownership.
• On October 25, 2025, Mr. Elder disposed of 984 shares of Common Stock.
• This disposition was coded as 'F', indicating payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security.
• The transaction price per share was $0.
• Following this transaction, Mr. Elder beneficially owns 548,281 shares of Common Stock.
• This total includes 426,170 restricted stock units.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares for tax withholding purposes, not indicative of a change in sentiment.

Positives

• The transaction was a non-discretionary disposition for tax withholding, not a voluntary sale, indicating no negative sentiment from the insider.
• Mr. Elder continues to hold a substantial beneficial ownership of 548,281 shares, including 426,170 restricted stock units, aligning his interests with shareholders.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders as it's a routine tax-related transaction and the officer retains a significant stake.

Key Dates

Recommendation

The reported transaction is a routine, non-discretionary disposition of shares for tax withholding purposes, not a voluntary sale. It does not provide new information that would significantly alter the investment thesis for Treace Medical Concepts, Inc. The officer retains a substantial beneficial ownership, including a large number of restricted stock units, indicating continued alignment with shareholder interests.

Keywords

Treace Medical Concepts, TMCI, Scot Elder, Form 4, Insider Transaction, Common Stock, Restricted Stock Units, Officer