MIMEDX GROUP, INC.·4

Jun 12, 11:32 AM ET

Newton Todd 4

Research Summary

AI-generated summary

Updated

MIMEDX (MDXG) Director Newton Todd Receives 50,913-Share Award

What Happened
Newton Todd, a director of MIMEDX Group, Inc. (MDXG), was granted a restricted stock award of 50,913 shares on 2026-06-10 at an effective price of $3.64 per share, a total grant value of approximately $185,323. This is a compensation award (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (filed within the standard 2-business-day window).
  • Award size and price: 50,913 shares at $3.64 per share; total value ≈ $185,323.
  • Shares owned after transaction: Not specified in the filing.
  • Footnote: F1 — This is the annual restricted stock grant to non-employee directors; exempt under Rule 16b-3. The award vests upon the earlier of 12 months or the next meeting of shareholders.
  • Transaction type: Award/grant (A), i.e., restricted stock grant (not a sale or market purchase).

Context
Director awards like this are common as routine compensation for board service and are typically exempt under Rule 16b-3. Such grants are not direct indications of near-term buying or selling intentions by the insider; the award simply increases the director’s equity stake subject to the stated vesting conditions.