Artivion (AORT) SVP exercises options and sells 44,001 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARTIVION, INC. senior vice president Andrew M. Green reported an exercise-and-sell transaction in company stock. He exercised stock options for a total of 44,001 shares of common stock at exercise prices of $11.03 and $18.44 per share, then sold the same 44,001 shares in open-market transactions at weighted average prices of $20.694 and $20.707 per share. These trades were carried out on June 11, 2026 under a pre-arranged Rule 10b5-1 trading plan. Following the transactions, Green continued to hold 60,259 shares of Artivion common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 44,001 shares ($910,739)
Net Sell
6 txns
Insider
GREEN ANDREW M
Role
SVP, Regulatory and Quality
Sold
44,001 shs ($911K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to buy) | 14,001 | $0.00 | -- |
| Exercise | Stock Options (Right to buy) | 30,000 | $0.00 | -- |
| Exercise | Common Stock | 14,001 | $18.44 | $258K |
| Sale | Common Stock | 14,001 | $20.707 | $290K |
| Exercise | Common Stock | 30,000 | $11.03 | $331K |
| Sale | Common Stock | 30,000 | $20.694 | $621K |
Holdings After Transaction:
Stock Options (Right to buy) — 0 shares (Direct, null);
Common Stock — 74,260 shares (Direct, null)
Footnotes (1)
- The option exercise and subsequent sale reported on this form were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2026. Reflects weighted average price. Range of prices were between $20.25 to $21.02. The reporting person will provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Reflects weighted average price. Range of prices were between $20.24 to $21.02. The reporting person will provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. Stock options vests 33 1/3% per year beginning on the first anniversary of the grant date. The first exercisable date was February 23, 2023. Stock options vests 33 1/3% per year beginning on the first anniversary of the grant date. The first exercisable date was November 8, 2023.
Key Figures
Shares sold (total): 44,001 shares
First sale tranche: 30,000 shares at $20.694
Second sale tranche: 14,001 shares at $20.707
+3 more
6 metrics
Shares sold (total)
44,001 shares
Common stock sold in open market on June 11, 2026
First sale tranche
30,000 shares at $20.694
Weighted average sale price for part of the transaction
Second sale tranche
14,001 shares at $20.707
Weighted average sale price for remaining shares
Options exercised (total)
44,001 shares
Common shares acquired via option exercises on June 11, 2026
Option strike prices
$11.03 and $18.44
Exercise prices for 30,000 and 14,001 share option grants
Shares held after
60,259 shares
Direct Artivion common stock ownership following transactions
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock options (Right to buy), Exercise or conversion of derivative security, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"Reflects weighted average price. Range of prices were between $20.25 to $21.02."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock options (Right to buy) financial
"Stock options (Right to buy) ... underlying security title: Common Stock"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did ARTIVION (AORT) report for Andrew M. Green?
ARTIVION reported that SVP Andrew M. Green exercised stock options for 44,001 shares and sold the same 44,001 shares in open-market transactions, while maintaining direct ownership of 60,259 common shares after the trades.
What stock options did Andrew M. Green exercise in this ARTIVION (AORT) Form 4?
He exercised options covering 30,000 shares at an exercise price of $11.03 and 14,001 shares at an exercise price of $18.44, converting these derivative positions into common stock before selling the resulting shares.
Were Andrew M. Green’s ARTIVION (AORT) stock sales under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state that the option exercises and subsequent sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Andrew M. Green on March 12, 2026, indicating a pre-arranged transaction schedule.
What price ranges applied to Andrew M. Green’s ARTIVION (AORT) stock sales?
The filing reports weighted average prices, noting ranges. One sale tranche occurred between $20.25 and $21.02, and the other between $20.24 and $21.02. Detailed per-trade prices are available from the reporting person upon request.