STOCK TITAN

Artivion (AORT) CFO Lance Berry sells shares to cover RSU tax withholding

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

Rhea-AI Filing Summary

Artivion, Inc. executive Lance A. Berry reported a tax-related share sale. On this Form 4, the EVP, COO, CFO & Treasurer sold 5,178 shares of common stock at an average price of $38.0249 per share in connection with the vesting of restricted stock units.

The filing explains that the shares were sold solely to satisfy tax withholding obligations through a “sell to cover” arrangement and is described as a non-discretionary transaction rather than an elective open-market sale. After this transaction, Berry directly holds 176,269 shares of Artivion common stock.

Positive

  • None.

Negative

  • None.
Insider Berry Lance A
Role EVP, COO, CFO & Treasurer
Sold 5,178 shs ($197K)
Type Security Shares Price Value
Sale Common Stock 5,178 $38.0249 $197K
Holdings After Transaction: Common Stock — 176,269 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*
Berry Lance A

(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)
EVP, COO, CFO & Treasurer
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 5,178(1) D $38.0249 176,269 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/ Lance A. Berry 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 Lance A. Berry?

Artivion reported that Lance A. Berry completed a tax-related sale of 5,178 shares of common stock. The transaction occurred in connection with restricted stock unit vesting and was executed under a non-discretionary “sell to cover” arrangement to satisfy withholding obligations.

At what price were Lance A. Berry’s Artivion (AORT) shares sold?

The reported sale price was $38.0249 per share for 5,178 Artivion common shares. This price reflects the average received in the transaction that was executed to cover tax withholding tied to the vesting of restricted stock units.

How many Artivion (AORT) shares does Lance A. Berry hold after the Form 4 transaction?

Following the transaction, Lance A. Berry directly owns 176,269 shares of Artivion common stock. This post-transaction balance reflects his remaining direct holdings after selling 5,178 shares to fund tax withholding on vested restricted stock units.

Was Lance A. Berry’s Artivion (AORT) stock sale a discretionary trade?

The filing states the sale was not a discretionary trade by Lance A. Berry. It notes the 5,178 shares were sold upon RSU vesting strictly to satisfy tax withholding obligations through a predetermined “sell to cover” mechanism.

What role does Lance A. Berry hold at Artivion (AORT) in this Form 4?

In this Form 4, Lance A. Berry is identified as Artivion’s Executive Vice President, Chief Operating Officer, Chief Financial Officer, and Treasurer. The reported transaction involves his directly held common stock related to restricted stock unit vesting.

What type of security was involved in the Artivion (AORT) insider transaction?

The transaction involved Artivion common stock, classified as a non-derivative security. The 5,178 shares sold were tied to the vesting of restricted stock units, with the sale executed to cover associated tax withholding obligations.