ROCKWELL MEDICAL, INC.
Close on Oct 19, 2026
- Market cap
- $29.65M
- P/E (TTM)
- –
- Dividend yield
- –
About Rockwell Medical
Pharmaceutical Preparations, SIC 2834
Rockwell Medical, Inc. develops, manufactures, commercializes, and distributes hemodialysis concentrates and dialysate products for end-stage kidney disease treatment. The company produces liquid and dry formulations of citric and acetic acid concentrates, bulk and individual bicarbonate powders, single-use bicarbonate cartridges, and dedicated dry acid mixing systems. In addition, it supplies ancillary hemodialysis items such as cleaning agents, descalers, and water softener salt pellets. These medical products serve freestanding outpatient clinics, hospital-based centers, skilled nursing facilities, and home healthcare settings. Rockwell Medical provides its portfolio directly to dialysis service organizations and through healthcare distributors.
The company operates manufacturing facilities in Michigan and Texas for hemodialysis concentrates, along with an equipment fabrication site in Iowa for dry acid mixers. It distributes products domestically using its internal transport fleet and third-party carriers, and serves international markets through external distribution partners. Its client base includes 294 customers across the United States as well as distributors reaching more than 30 countries. Corporate headquarters are situated in Wixom, Michigan.
Summary of the business section of Rockwell Medical's latest annual report, written by StockData.
Company profile
Company
- Legal name
- ROCKWELL MEDICAL, INC.
- Founded
- 1996
- Headquarters
- Wixom, MI
- Address
- 30142 Wixom Road 48393
- Phone
- (800) 449-3353
- Website
- rockwellmed.com
- Employees
- 157, Dec 31, 2025
- Industry
- Pharmaceutical Preparations
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- EISNERAMPER LLP, Iselin, New Jersey
Stock & identifiers
- Ticker
- RMTI
- Exchange
- Nasdaq
- IPO date
- Jan 27, 1998
- Shares outstanding
- 4M, Aug 10, 2026
- Public float
- $28.69M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-10 reverse, Aug 13, 2026; 1-for-10 reverse, Jul 1, 2026; 1-for-11 reverse, May 13, 2022; 1-for-11 reverse, May 9, 2022
- SEC CIK
- 1041024
- CUSIP
- 774374409
- ISIN
- US7743744093
- LEI
- 529900Y6YUB5X93MMD77
- EIN
- 38-3317208
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mark Strobeck | President and CEO, Director | 62,349 |
| Jesse Neri | SVP and CFO | 27,239 |
| Timothy Chole | SVP and CCO | 27,285 |
| Heather Hunter | Chief Operating Officer | 28,007 |
| Megan C. Timmins | EVP, CLO & Secretary | 31,240 |
| Joan Lau | Director | 20,944 |
| Joseph H. Dawson | Director | 12,133 |
| Robert S. Radie | Director | 23,985 |
| Allen Nissenson | Director | 23,892 |
| John G. Cooper | Director | 23,670 |
| Mark H. Ravich | Director | 151,103 |
| Andrea Heslin Smiley | Director | 142,062 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.90M | $1.06M | $903.48K | $82 | – |
| FY2024 | $1.31M | $1.44M | $644.67K | $202 | – |
| FY2024 Dr Ellison | $0 | $0 | $644.67K | $202 | – |
| FY2024 Dr Strobeck | $1.31M | $1.44M | $644.67K | $202 | – |
| FY2023 | $1.05M | $1.76M | $426.60K | $187 | – |
| FY2023 Dr Ellison | $0 | $0 | $426.60K | $187 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 157 employees, substantially all of whom are full time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 8, 2026 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Apr 14, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 13, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 1, 2022 | Late filing | Notification of late filing |
| Dec 10, 2021 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Jun 17, 2021 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 17, 2020 | Late filing | Notification of late filing |
| Aug 9, 2018 | Late filing | Notification of late filing |
| Jul 30, 2018 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 27, 2018 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 14, 2012 | Name change | Name changed from ROCKWELL MEDICAL TECHNOLOGIES INC to ROCKWELL MEDICAL, INC. |
| Feb 27, 2006 | Deregistration | Termination of SEC registration (Form 15) |
| Jul 29, 2005 | Merger | Registration of securities for a merger or exchange offer (S-4) |