Artivion (AORT) SVP Holloway sells shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Artivion, Inc. senior vice president and general counsel Jean F. Holloway reported an automatic sale of company stock related to tax withholding. On this Form 4, she disposed of 2,183 shares of common stock at a weighted average price of $38.0249 per share in an open-market transaction. A footnote explains that the shares were sold upon the vesting of restricted stock units solely to cover tax withholding obligations through a “sell to cover” arrangement and did not represent a discretionary trade. After this transaction, Holloway directly owned 170,105 shares of Artivion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,183 shares ($83,008)
Net Sell
1 txn
Insider
Holloway Jean F
Role
SVP, General Counsel
Sold
2,183 shs ($83K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,183 | $38.0249 | $83K |
Holdings After Transaction:
Common Stock — 170,105 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Artivion (AORT) report for Jean F. Holloway?
Artivion reported that Jean F. Holloway, its SVP and general counsel, sold 2,183 shares of common stock. The transaction was linked to restricted stock unit vesting and executed to cover tax withholding obligations through a sell-to-cover arrangement, rather than as a discretionary stock sale.
Was Jean F. Holloway’s Artivion (AORT) stock sale a discretionary trade?
No. The Form 4 footnote clarifies the sale was not discretionary. The 2,183 shares were sold automatically upon restricted stock unit vesting to cover tax withholding obligations through a sell-to-cover mechanism, rather than reflecting an active portfolio decision by Jean F. Holloway.
What transaction code is used for Jean F. Holloway’s Artivion (AORT) stock sale?
The transaction is coded “S,” indicating a sale of non-derivative common stock. However, the accompanying footnote explains that this sale was specifically to fund tax withholding on vested restricted stock units via a non-discretionary sell-to-cover arrangement, not a voluntary open-market liquidation.