Feldshon Archelle Georgiou 4

What Happened

Archelle Georgiou, a director of Nuwellis, was awarded 6,744 derivative securities on 2026-04-28. The Form 4 reports the acquisition as a grant/award (code A) with a reported price of $0.00 per unit — i.e., no cash changed hands at grant. This is a compensation/award transaction, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-28; Form 4 filed 2026-04-29 (timely).
• Transaction type/code: Grant/Award (A); 6,744 derivative shares/options.
• Reported price: $0.00 per share (derivative award, no cash paid at grant).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Vests in 12 approximately equal monthly increments beginning one month after the grant date; fully vested on the one-year anniversary.
• No 10b5-1 plan, tax-withholding, or late-filing flags reported in this filing.

Context

This grant appears to be a typical equity-compensation award to a director that vests over one year. Such awards are common as part of director compensation and do not by themselves indicate insider buying or selling sentiment. Because these are derivative awards with a vesting schedule, there is no immediate sale or cashless exercise reported.