Frazier William 4

What Happened

• William Frazier, Chief Medical Officer and Director of Viemed Healthcare (VMD), exercised stock options and sold shares on June 25, 2026. He exercised 10,000 options at $1.81 per share (total exercise cost $18,100) and sold 10,000 shares in an open-market transaction at $11.72 per share (gross proceeds $117,200). The filing also lists a 10,000-share derivative disposition at $0.00 (see Key Details).
• Approximate pre-tax profit from the exercised-and-sold shares is $117,200 − $18,100 = ~$99,100 (does not account for commissions, taxes, or withholding).

Key Details

• Transaction date: 2026-06-25; Form 4 filed 2026-06-26 (timely filing).
• Exercise: 10,000 options at $1.81/share (total $18,100).
• Sale: 10,000 shares sold at $11.72/share (total $117,200).
• Additional line in filing: 10,000-share derivative disposition reported at $0.00 (filing does not further explain this entry).
• Footnote F1: Options were granted to the reporting person on January 4, 2018, and are fully vested.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• The sequence (exercise then immediate sale same day) is consistent with a cashless exercise where an insider exercises options and promptly sells shares to capture gains or cover exercise/tax obligations. This is common and not necessarily a directional vote on company prospects.
• The filing is timely (filed one day after the reported transactions). No 10b5-1 plan, tax-withholding or other special instructions were noted in the provided details.