4Filed Aug 3, 8:00 PM ET
Tenon Medical (TNON) Director Robert Weigle Receives 10,732 Shares
$TNON · Tenon Medical, Inc.Research Summary
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Tenon Medical (TNON) Director Robert Weigle Receives 10,732 Shares
What Happened
- Robert K. Weigle, a director of Tenon Medical, converted 10,732 restricted stock units (RSUs) into 10,732 shares of common stock on July 31, 2026. The conversion is reported as an exercise/conversion of a derivative with an exercise price of $0.00, resulting in receipt of the shares without cash payment. The filing shows the derivative ceased (disposed) as part of the conversion; no sale of the newly issued shares is reported.
Key Details
- Transaction date: July 31, 2026
- Report filed: August 4, 2026 (timely)
- Instrument/Code: Reported as derivative exercise/conversion (code M)
- Shares converted/received: 10,732 shares @ $0.00
- Footnote: These shares represent the conversion of 10,732 RSUs granted to Mr. Weigle on October 13, 2025; each RSU equals one contingent right to one share.
- Shares owned after transaction: Not specified in this filing
- No 10b5-1 plan, tax withholding, or sale of shares disclosed here
Context
- This was a conversion of previously granted RSUs into common stock (no cash payment). Such conversions are routine for vested equity awards and do not by themselves indicate a buy or sell decision. Because no immediate sale was reported, the director retained the issued shares (unless other transactions not shown here occurred).