Electromed (ELMD) CFO Bradley Nagel Receives Restricted Stock and Option Awards

What Happened
Bradley M. Nagel, Chief Financial Officer of Electromed, received equity awards on 2026-09-01: 4,900 restricted shares (acquired, $0 price) and 9,600 derivative shares (options/awards, $0 price). Concurrently, 1,102 previously awarded restricted shares were surrendered/disposed to satisfy tax withholding obligations at $27.10 per share, totaling $29,864. The awards themselves were granted at no cash purchase price.

Key Details

• Transaction date: 2026-09-01; Form filed 2026-09-03 (filed timely).
• Disposition: 1,102 shares forfeited for tax withholding at $27.10/share = $29,864. (Transaction code F; footnote F2).
• Acquisitions: 4,900 restricted shares (code A) and 9,600 derivative shares/options (code A) granted at $0.00.
• Vesting schedule (footnotes F1 & F3): both restricted shares and options vest in three substantially equal annual installments on Sep 1, 2027; Sep 1, 2028; and Sep 4, 2029.
• Shares owned after the transactions are not specified in the provided filing excerpt.

Context
The main activity is receipt of compensation in the form of restricted stock and option awards (common for executives); such grants are not an open-market purchase and do not necessarily signal a personal cash investment. The 1,102-share disposition was a routine tax-withholding action (cashless surrender) associated with vesting of prior restricted stock.