TELA Bio (TELA) Director Joseph Capper Receives 6,227-Share Award

What Happened
Joseph H. Capper, a director of TELA Bio, received 6,227 shares of common stock on July 15, 2026. The shares were issued at $0.79 per share, with a reported aggregate value of $4,888. This was an award/acquisition rather than an open-market purchase or option exercise.

Key Details

• Transaction type: Award/Grant (code A) — shares issued in lieu of cash compensation.
• Date of transaction: 2026-07-15; Form 4 filed: 2026-07-17 (filed within the typical two-business-day window).
• Price reported: $0.79 per share; total value reported: $4,888.
• Vesting: Footnote states all shares are fully vested.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Shares issued under the Issuer's Amended and Restated Non-Employee Director Compensation Policy.

Context
This issuance reflects routine director compensation (shares issued instead of cash) and is not an open-market purchase or sale. Because the shares are fully vested, there are no future vesting conditions tied to this grant. Such director awards are common and do not by themselves indicate the director is increasing or decreasing a market exposure through trading.