NOHRA GUY P 4
4 · TELA Bio, Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
TELA Bio Director Guy P. Nohra Receives Equity Awards
What Happened Guy P. Nohra, a director of TELA Bio, was granted a total of 58,485 equity awards on June 9, 2026. The awards break down as 23,600 restricted stock units (11,925 and 11,675 RSUs) and 34,885 derivative awards (17,550 and 17,335 option-type awards). All grants were reported with an acquisition price of $0.00 (award grants), i.e., no cash paid by the reporting person.
Key Details
- Transaction date: June 9, 2026; Form 4 filed June 11, 2026 (timely filing within the usual 2-business-day window).
- Price: $0.00 for all four grant items (transaction code A = award/grant).
- Totals: 23,600 RSUs + 34,885 option-type awards = 58,485 shares underlying awards.
- Vesting highlights from filing footnotes:
- One RSU grant vests in three equal annual installments beginning June 9, 2027 (F1).
- The other RSU grant vests on the earlier of June 9, 2027, the next annual meeting, or a Change in Control (F2).
- One option-type award vests in 36 equal monthly installments starting June 9, 2026 (F3).
- The other option-type award vests on the earlier of June 9, 2027, the next annual meeting, or a Change in Control (F4).
- Shares owned after the transaction: not specified in the reported transaction details.
- No 10b5-1 plan, tax-withholding sale, or exercise/sale was disclosed in this filing.
Context These are compensation grants to a director (common for board service) rather than open-market purchases or sales. The derivative awards are not exercises — they are grants that will vest according to the schedules above before the director can realize value. Awards granted at $0.00 are typical for equity compensation and do not by themselves indicate the director bought or sold stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-09+11,925→ 11,925 total - Award
Common Stock
[F2]2026-06-09+11,675→ 23,600 total - Award
Stock Option (Right to Buy)
[F3]2026-06-09+17,550→ 17,550 totalExercise: $0.94Exp: 2036-06-09→ Common Stock (17,550 underlying) - Award
Stock Option (Right to Buy)
[F4]2026-06-09+17,335→ 17,335 totalExercise: $0.94Exp: 2036-06-09→ Common Stock (17,335 underlying)
Footnotes (4)
- [F1]These restricted stock units will vest in three equal annual installments beginning on June 9, 2027, in each case subject to the Reporting Person's continued service through the applicable vesting date.
- [F2]These restricted stock units vest on the earlier of (a) June 9, 2027, (b) the next annual meeting of stockholders, or (c) the occurrence of a Change in Control (as defined in the Issuer's Amended and Restated 2019 Equity Incentive Plan), in each case subject to the Reporting Person's continued service through the applicable vesting date.
- [F3]The option vests in 36 equal monthly installments on each monthly anniversary of June 9, 2026, in each case subject to the Reporting Person's continued service through the applicable vesting date.
- [F4]The option vests on the earlier of (a) June 9, 2027, (b) the next annual meeting of stockholders, or (c) the occurrence of a Change in Control (as defined in the Issuer's Amended and Restated 2019 Equity Incentive Plan), in each case subject to the Reporting Person's continued service through the applicable vesting date.