Form 4: Xtant Medical Holdings CFO Sells Shares to Cover Tax Obligations

Scott C. Neils, CFO of Xtant Medical Holdings, sold shares to cover tax withholding obligations upon the vesting of restricted stock units.

Summary

• On January 15, 2025, Scott C. Neils, the Chief Financial Officer of Xtant Medical Holdings, Inc., disposed of 7,986 shares of common stock to cover tax withholding obligations.
• The shares were sold at a price of $0.53 per share.
• Following the transaction, Neils directly owns 622,305 shares of Xtant Medical Holdings, Inc.
• This includes 264,659 shares issuable upon vesting and settlement of restricted stock unit awards or deferred stock unit awards granted under the Xtant Medical Holdings, Inc. 2023 Equity Incentive Plan and 167,726 shares issuable upon vesting and settlement of restricted stock unit awards granted under the Xtant Medical Holdings, Inc. Amended and Restated 2018 Equity Incentive Plan, in each case conditioned upon the Reporting Person remaining an employee of Xtant through the respective vesting dates.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, as it simply reports a factual event.

Industry Context

Form 4 filings are a routine part of the US stock market, and are required by the SEC to provide transparency when company insiders trade their own company's stock. This filing indicates that the CFO sold shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The sale of shares by the CFO could have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased selling pressure, but is unlikely to be significant.

Key Dates