Artivion (AORT) CFO sells 715 shares in tax sell-to-cover
Rhea-AI Filing Summary
Artivion, Inc. (AORT) reported that executive officer Lance A. Berry, EVP, COO, CFO & Treasurer, had 715 shares of common stock sold on his behalf on 2026-08-14 at $28.549 per share. According to the company, this was a non-discretionary “sell to cover” transaction to satisfy tax withholding obligations upon vesting of restricted stock units, and Berry’s directly held stake after the sale was 210,112 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 715 shares
Net Sell
1 txn
Insider
Berry Lance A
Role
EVP, COO, CFO & Treasurer
Sold
715 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 715 | $28.549 | $20K |
Holdings After Transaction:
Common Stock — 210,112 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares sold: 715 shares
Sale price: $28.549 per share
Shares held after transaction: 210,112 shares
3 metrics
Shares sold
715 shares
Common Stock sold on 2026-08-14 in a sell-to-cover transaction
Sale price
$28.549 per share
Price for 715 shares of Common Stock sold on 2026-08-14
Shares held after transaction
210,112 shares
Directly held Artivion common shares by Lance A. Berry after the sale
Key Terms
restricted stock units, sell to cover, tax withholding obligations
3 terms
restricted stock units financial
"upon the vesting of restricted stock units to pay tax"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell to cover financial
"to be funded by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
tax withholding obligations financial
"sold upon the vesting of restricted stock units to pay tax withholding"
FAQ
What insider transaction did AORT report for Lance A. Berry?
Artivion (AORT) reported that Lance A. Berry had 715 shares of common stock sold on 2026-08-14. The company states this was a non-discretionary “sell to cover” sale to satisfy tax withholding obligations from restricted stock unit vesting.
Was the AORT insider sale by Lance A. Berry discretionary?
The company states the sale of Lance A. Berry’s AORT shares was not discretionary. The 715 shares were sold in a “sell to cover” transaction specifically to satisfy tax withholding obligations from restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.