Artivion (AORT) CCO receives stock units, sells shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Artivion, Inc. Chief Commercial Officer John E. Davis reported two equity transactions in company common stock. On March 2, 2026, he acquired 28,845 shares at $0.00 per share, issued upon vesting of performance stock units from a February 2025 grant. On March 3, 2026, 4,573 shares were sold at an average price of $37.7756 per share to cover tax withholding obligations in a non-discretionary “sell to cover” transaction. Following these movements, Davis held 230,794 shares of Artivion common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,573 shares ($172,748)
Net Sell
2 txns
Insider
Davis John E
Role
Chief Commercial Officer
Sold
4,573 shs ($173K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,573 | $37.7756 | $173K |
| Grant/Award | Common Stock | 28,845 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 230,794 shares (Direct)
Footnotes (1)
- Represents performance stock units granted on February 28, 2025. One third (1/3) were issued on March 2, 2026. The remaining shares earned in connection with the February 2025 grant will be eligible to vest and be issued as follows: one third (1/3) on February 28, 2027; and one third (1/3) on February 28, 2028, assuming employment on the relevant vesting date. These shares were sold upon the vesting of performance stock units to pay tax withholding obligations. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction.
FAQ
What insider transactions did Artivion (AORT) report for John E. Davis?
Artivion (AORT) reported that Chief Commercial Officer John E. Davis received 28,845 common shares from vesting performance stock units, then sold 4,573 shares. The sale was executed solely to cover tax withholding obligations via a non-discretionary “sell to cover” transaction.
What stock award did John E. Davis receive from Artivion (AORT)?
John E. Davis received 28,845 Artivion common shares at $0.00 per share upon vesting of performance stock units granted in February 2025. One-third of that grant vested and was issued on March 2, 2026, with remaining tranches subject to future vesting dates.
What is the vesting schedule for John E. Davis’s Artivion performance stock units?
The performance stock units were granted in February 2025. One-third was issued on March 2, 2026, while the remaining shares are eligible to vest in two equal parts on February 28, 2027 and February 28, 2028, assuming continued employment on each vesting date.