Treace Medical (TMCI) CFO Mark Hair Surrenders 37,102 Shares for Taxes

What Happened
Mark Hair, Chief Financial Officer of Treace Medical Concepts, surrendered (disposed) 37,102 shares on August 9, 2026 to satisfy tax withholding obligations related to equity compensation. The filing reports a $0.00 per-share price and no cash proceeds — this was a tax-withholding/net-share settlement, not an open-market sale.

Key Details

• Transaction date: 2026-08-09. Report filed: 2026-08-12 (appears filed one business day after the 2-business-day Form 4 deadline).
• Transaction type/code: F — payment of exercise price or satisfaction of tax liability (share surrender for taxes).
• Shares surrendered: 37,102 shares; reported price: $0.00; proceeds reported: $0.
• Shares owned after transaction: not explicitly stated in the filing; footnote notes the reported holdings include 717,604 restricted stock units.
• Footnote: F1 — includes 717,604 restricted stock units.
• Filing timeliness: filed Aug 12 for an Aug 9 transaction — likely one business day late (Form 4s are generally due within 2 business days).

Context
This was a routine tax-withholding/net-share settlement tied to equity compensation (e.g., vested RSUs), not an ordinary open-market sale or purchase. Such withholdings are common and do not, by themselves, indicate a change in the insider’s view of the company.