Rockwell Medical EVP Megan Timmins Withholds 3,667 Shares for Taxes

What Happened
Megan C. Timmins, EVP, Chief Legal Officer and Secretary of Rockwell Medical, had 3,667 restricted stock units (RSUs) withheld to satisfy her estimated tax withholding obligation. The withholding was reported as a disposition at $0.90 per share, totaling $3,300. This was a routine tax-withholding transaction — not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-03-14; filing date: 2026-03-16 (filed within the typical Form 4 window).
• Transaction type/code: Tax withholding on RSU vesting (code F).
• Shares withheld: 3,667 at $0.90 per share; aggregate reported value $3,300.
• Shares owned after transaction: Not specified in this filing.
• Footnote: Shares were withheld from vesting of restricted stock units to cover estimated tax withholding (F1).

Context
Withholding shares to cover taxes is a common administrative step when RSUs vest and does not necessarily indicate insider sentiment about the stock — it’s a substitute for a cash tax payment. This is not a market sale of shares; the shares were surrendered to satisfy withholding obligations.