WALLER GREGORY D 4

What Happened
Gregory D. Waller, a director of Nuwellis, Inc. (NUWE), received a grant/award of 6,744 derivative shares on April 28, 2026. The reported acquisition price was $0.00 per share (total reported value $0). This is an award/grant (not a market purchase or sale).

Key Details

• Transaction date: 2026-04-28; Form 4 filed: 2026-04-29 (timely filing).
• Transaction type/code: A — Grant/award/other acquisition of a derivative security.
• Shares/units granted: 6,744; reported price: $0.00; reported monetary value: $0.
• Shares owned after the transaction: Not disclosed in the supplied filing data.
• Footnote: Vests in approximately 12 equal monthly increments beginning one month after the grant; fully vested on the one‑year anniversary (Footnote F1).
• No 10b5-1 plan, tax withholding, or late filing flags noted in the provided details.

Context
This was a deferred/derivative equity award with a one-year monthly vesting schedule—commonly used for director compensation. Such grants are not direct purchases or sales and don’t by themselves indicate a buy/sell signal; they reflect compensation or retention arrangements rather than open-market trading.