Emerson Martin J 4
4 · Nuwellis, Inc. · Filed Apr 29, 2026
Research Summary
AI-generated summary of this filing
Nuwellis Director Martin J. Emerson Receives 6,744-Share Award
What Happened
- Martin J. Emerson, a director of Nuwellis, Inc. (NUWE), received a derivative award of 6,744 shares on 2026-04-28. The award was reported at a $0.00 per-share acquisition price (no cash paid), resulting in no immediate cash value recorded in the filing. This is a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-28; Form 4 filed 2026-04-29 (timely filing).
- Type: Derivative award (code A) — 6,744 shares acquired at $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnote: Award vests in approximately 12 equal monthly installments beginning one month after the grant, with full vesting at the one-year anniversary.
- No indication of 10b5-1 plan, tax withholding, or immediate sale in the filing.
Context
- This award appears to be a time-based compensation grant to a director; such grants are routine and intended for retention/compensation rather than an insider market bet. Because it’s a derivative award with a zero reported price and a monthly vesting schedule, value will only materialize as shares vest and any applicable restrictions lapse.
Insider Transaction Report
Form 4
Nuwellis, Inc.NUWE
Emerson Martin J
Director
Transactions
- Award
Nonstatutory Stock Option (right to buy)
[F1]2026-04-28+6,744→ 6,744 totalExercise: $1.16Exp: 2036-04-27→ Common Stock (6,744 underlying)
Footnotes (1)
- [F1]Vests in 12 approximately equal consecutive monthly increments, commencing on the one-month anniversary of the date of grant, so that all of the options will be vested on the one-year anniversary of the date of grant.
Signature
/s/ Neil P. Ayotte, by Power of Attorney|2026-04-29