AORT insider sale notice: 18,200 shares via Morgan Stanley, option exercise

Rhea-AI Filing Summary

Artivion, Inc. (AORT) Form 144 discloses a proposed sale of 18,200 common shares through Morgan Stanley Smith Barney with an aggregate market value of $801,211.32. The shares were acquired and are listed for sale with an approximate sale date of 08/27/2025 following a stock option exercise paid in cash on the same date. The filing shows total shares outstanding of 47,183,658 and lists two prior sales by the same person in June 2025 of 15,000 and 26,132 shares, with gross proceeds of $442,500.00 and $743,129.66 respectively.

Insights

Securities Analyst

TL;DR: Insider plans to sell 18,200 shares after exercising options, adding to prior June sales; proceeds are disclosed and routine under Rule 144.

The filing shows a routine Rule 144 notice: the shares were acquired by stock option exercise on 08/27/2025 and payment was made in cash. The proposed sale via Morgan Stanley lists an aggregate value of $801,211.32. Prior dispositions in June 2025 totaled 41,132 shares with combined gross proceeds of $1,185,629.66. Relative to the issuer's outstanding shares (47,183,658), these transactions represent a small fraction of total equity, indicating limited dilution or control change.

Compliance / Risk Analyst

TL;DR: Filing presents standard Rule 144 disclosures and includes the required certification regarding material nonpublic information.

The notice includes the required representation that the seller is not aware of undisclosed material adverse information and references Rule 10b5-1 trading-plan language. The signature/representation language and broker details (Morgan Stanley Smith Barney) are present, satisfying procedural disclosure norms. No regulatory violations or unusual payment arrangements are disclosed; the acquisition and payment are recorded as a cash-funded option exercise on the same date as the proposed sale.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	18200	801211.32	47183658	08/27/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/27/2025	Stock Option Exercise	Issuer			18200	08/27/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MARSHALL STANTON 1655 ROBERTS BLVD NW KENNESAW GA 30144	Common	06/17/2025	15000	442500.00
MARSHALL STANTON 1655 ROBERTS BLVD NW KENNESAW GA 30144	Common	06/13/2025	26132	743129.66

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)