Artivion (AORT) accounting chief awarded shares, sells some to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARTIVION, INC. VP and Chief Accounting Officer Amy Horton reported both a stock award and a small share sale. She received 7,475 shares of common stock on March 2, 2026 as part of a performance stock unit grant made on February 28, 2025, with additional portions scheduled to vest in 2027 and 2028 if she remains employed on those dates. On March 3, 2026, 901 shares were sold at an average price of $37.7756 to cover tax withholding obligations arising from the vesting of performance stock units, and this "sell to cover" was described as non-discretionary. After the sale, she directly held 139,088 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 901 shares ($34,036)
Net Sell
2 txns
Insider
Horton Amy
Role
VP, Chief Accounting Officer
Sold
901 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 901 | $37.7756 | $34K |
| Grant/Award | Common Stock | 7,475 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 139,088 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) executive Amy Horton report on this Form 4?
Amy Horton reported a stock award and a related tax sale. She was granted 7,475 shares of ARTIVION common stock, then sold 901 shares the next day to cover tax withholding obligations from the vesting performance stock units.
How are Amy Horton’s ARTIVION (AORT) performance stock units scheduled to vest?
The performance stock units were granted on February 28, 2025. One third vested and was issued on March 2, 2026, with the remaining one third scheduled for February 28, 2027, and the final one third for February 28, 2028, assuming continued employment on each vesting date.
Was the ARTIVION (AORT) insider stock sale by Amy Horton discretionary?
The filing states the 901-share sale was not discretionary. It explains the shares were automatically sold upon vesting of performance stock units to fund tax withholding through a “sell to cover” transaction, rather than an independently chosen open-market sale for investment purposes.