STOCK TITAN

Artivion (AORT) CCO executes 2,784-share sell-to-cover tax sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

ARTIVION, INC. Chief Commercial Officer John E. Davis reported an open-market sale of 2,784 shares of common stock. The shares were sold at an average price of $38.0249 per share in connection with the vesting of restricted stock units to cover tax withholding obligations.

After this sell-to-cover, Davis directly holds 206,522 shares of Artivion common stock. The filing states that this transaction was not discretionary and was executed solely to satisfy required tax withholding on equity compensation.

Positive

  • None.

Negative

  • None.
Insider Davis John E
Role Chief Commercial Officer
Sold 2,784 shs ($106K)
Type Security Shares Price Value
Sale Common Stock 2,784 $38.0249 $106K
Holdings After Transaction: Common Stock — 206,522 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Davis John E

(Last) (First) (Middle)
1655 ROBERTS BLVD., NW

(Street)
KENNESAW GA 30144

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ARTIVION, INC. [ AORT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 S 2,784(1) D $38.0249 206,522 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares were sold upon the vesting of restricted 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.
Remarks:
/s/ John E. Davis 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ARTIVION (AORT) report for John E. Davis?

John E. Davis sold 2,784 Artivion shares. The Chief Commercial Officer executed an open-market sale tied to restricted stock unit vesting, using a sell-to-cover transaction to fund tax withholding obligations rather than a discretionary share sale.

At what price were the ARTIVION (AORT) shares sold by John E. Davis?

The shares were sold at $38.0249 per share. Davis’ Form 4 reports an average sale price of $38.0249 for 2,784 common shares, reflecting an open-market transaction executed to cover taxes from restricted stock unit vesting.

How many ARTIVION (AORT) shares does John E. Davis own after the transaction?

Davis directly holds 206,522 Artivion shares after the sale. Following the 2,784-share sell-to-cover transaction, the Form 4 lists his remaining direct beneficial ownership at 206,522 shares of the company’s common stock.

Was the ARTIVION (AORT) insider sale by John E. Davis discretionary?

No, the filing states the sale was not discretionary. The footnote explains the 2,784-share transaction was executed solely to pay tax withholding obligations upon restricted stock unit vesting through a sell-to-cover arrangement.

What is the purpose of the sell-to-cover transaction reported by ARTIVION (AORT)?

The sell-to-cover was used to fund tax withholding. When restricted stock units vested, shares were automatically sold to satisfy required tax obligations, allowing the insider to cover taxes without making a separate cash payment.