Artivion CFO sells shares to cover RSU taxes
Artivion, Inc. executive Lance A. Berry reported a tax-related share sale.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,178 | $38.0249 | $197K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Artivion (AORT) report for Lance A. Berry?
Was Lance A. Berry’s Artivion (AORT) stock sale a discretionary trade?
What role does Lance A. Berry hold at Artivion (AORT) in this Form 4?
What type of security was involved in the Artivion (AORT) insider transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.