Artivion (AORT) director corrects details of restricted stock award
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Borgstrom Marna P reported acquisition or exercise transactions in this Form 4 filing.
ARTIVION, INC. director Marna P. Borgstrom corrected a previously reported equity grant on an amended insider filing. The filing confirms a restricted stock award of 7,576 common shares granted on May 18, 2026, at no cost, which will vest on May 18, 2027, under the company’s Equity and Cash Incentive Plan.
After this correction, Borgstrom is shown as beneficially owning 56,664 common shares directly. The amendment states these changes fix administrative errors in the original Form 4 regarding the grant date, share amount, vesting date, and reported total holdings, with no other changes made.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Borgstrom Marna P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,576 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 56,664 shares (Direct, null)
Footnotes (1)
- This amendment is being filed solely to correct an administrative error in the transaction date, number of shares granted and owned, and vesting date reported in the original Form 4. The restricted stock award was granted on May 18, 2026, rather than May 14, 2026 as previously reported; consisted of 7,576 shares, rather than 7,850 shares as previously reported; will vest on May 18, 2027, rather than May 14, 2027 as previously reported; and the amount of securities beneficially owned is 56,664, rather than 56,938 as previously reported. No other changes are being made by this amendment. RSA Grant vests on May 18, 2027, pursuant to the terms of the Equity and Cash Incentive Plan.
Key Figures
Restricted stock award size: 7,576 shares
Grant price per share: $0.0000 per share
Holdings after transaction: 56,664 shares
+3 more
6 metrics
Restricted stock award size
7,576 shares
Common Stock granted on May 18, 2026
Grant price per share
$0.0000 per share
Restricted stock award to director
Holdings after transaction
56,664 shares
Beneficially owned following award correction
Vesting date
May 18, 2027
RSA vests under Equity and Cash Incentive Plan
Previously reported award size
7,850 shares
Original, incorrect grant amount corrected by amendment
Previously reported holdings
56,938 shares
Original, incorrect beneficial ownership now corrected
Key Terms
restricted stock award, beneficially owned, RSA Grant, Equity and Cash Incentive Plan, +1 more
5 terms
restricted stock award financial
"The restricted stock award was granted on May 18, 2026, rather than May 14, 2026 as previously reported"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
beneficially owned financial
"the amount of securities beneficially owned is 56,664, rather than 56,938 as previously reported"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
RSA Grant financial
"RSA Grant vests on May 18, 2027, pursuant to the terms of the Equity and Cash Incentive Plan"
Equity and Cash Incentive Plan financial
"pursuant to the terms of the Equity and Cash Incentive Plan"
administrative error financial
"correct an administrative error in the transaction date, number of shares granted and owned, and vesting date reported"
FAQ
What insider transaction did ARTIVION (AORT) director Marna Borgstrom report?
Director Marna P. Borgstrom reported a corrected grant of 7,576 shares of ARTIVION common stock. The shares are a restricted stock award granted at no cost and reflected as directly beneficially owned following the amendment to her original Form 4 filing.
Why did ARTIVION (AORT) file an amended Form 4 for Marna Borgstrom?
The amended Form 4 corrects administrative errors in the original report. It updates the grant date, number of restricted shares, vesting date, and the total number of securities beneficially owned, while confirming no other changes are being made to the previously reported information.
When will Marna Borgstrom’s ARTIVION (AORT) restricted stock award vest?
The restricted stock award to Marna P. Borgstrom will vest on May 18, 2027. This vesting schedule is described as occurring pursuant to the terms of ARTIVION’s Equity and Cash Incentive Plan and replaces an earlier, incorrect vesting date previously reported.
What are Marna Borgstrom’s total ARTIVION (AORT) holdings after the corrected grant?
Following the corrected grant details, Borgstrom is reported as beneficially owning 56,664 ARTIVION common shares. This replaces a previously reported figure of 56,938 shares and reflects the updated, accurate share count from the amended Form 4 filing.