Elder Scot Michael 4
4 · TREACE MEDICAL CONCEPTS, INC. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
TREACE (TMCI) Chief Legal Officer Scot Elder Withholds Shares for Taxes
What Happened Scot Michael Elder, TREACE Medical Concepts' Chief Legal & Compensation Officer and Corporate Secretary, had a total of 1,850 shares withheld to cover tax obligations tied to equity awards. The filing shows 175 shares disposed on 2026-03-08 and 1,675 shares disposed on 2026-03-10, each at $0.00 per share (no cash proceeds), consistent with share withholding to satisfy taxes rather than open-market sales.
Key Details
- Transaction type: F — Payment of exercise price or tax liability (share withholding for taxes).
- Dates and counts: 2026-03-08 — 175 shares withheld; 2026-03-10 — 1,675 shares withheld; total 1,850 shares.
- Prices/proceeds: $0.00 per share; no cash received by the insider.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes: Filing references restricted stock units — includes 640,752 RSUs (footnote) and 633,877 RSUs (footnote) in the filing's disclosure.
- Filing date: Form filed with the SEC on 2026-03-11 (reporting period 2026-03-08).
Context These transactions appear to be routine tax-withholding actions tied to vested equity awards (restricted stock units), not open-market sales. Such withholdings are common and do not necessarily signal a change in the insider’s market view. No late-filing indication was provided in the supplied data.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-08−175→ 796,611 total - Tax Payment
Common Stock
[F2]2026-03-10−1,675→ 794,936 total
Footnotes (2)
- [F1]Includes 640,752 restricted stock units.
- [F2]Includes 633,877 restricted stock units.