Artivion (NYSE: AORT) exec’s 616-share sale is tax-driven
Rhea-AI Filing Summary
ARTIVION, INC. executive Andrew M. Green, SVP, Regulatory and Quality, reported a sale of 616 shares of common stock on 2026-08-14 at $28.549 per share. According to the company’s disclosure, these shares were sold in a “sell to cover” transaction solely to satisfy tax withholding obligations upon vesting of restricted stock units and did not represent a discretionary trade. Following this transaction, Green directly holds 59,643 shares of ARTIVION common stock.
Positive
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Negative
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Insider Trade Summary
Net Seller: 616 shares
Net Sell
1 txn
Insider
GREEN ANDREW M
Role
SVP, Regulatory and Quality
Sold
616 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 616 | $28.549 | $18K |
Holdings After Transaction:
Common Stock — 59,643 shares (Direct)
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.
Key Figures
Shares sold: 616 shares
Sale price per share: $28.549
Shares owned after transaction: 59,643 shares
3 metrics
Shares sold
616 shares
Common stock sold on 2026-08-14 in sell-to-cover transaction
Sale price per share
$28.549
Price per share for 616 shares of common stock sold
Shares owned after transaction
59,643 shares
Direct ownership of ARTIVION common stock following the sale
Key Terms
sell to cover, restricted stock units, tax withholding obligations
3 terms
sell to cover financial
"to be funded by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
restricted stock units financial
"sold upon the vesting of restricted stock units to pay tax"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"sold ... to pay tax withholding obligations"
FAQ
What insider transaction did AORT executive Andrew M. Green report?
Andrew M. Green reported a sale of 616 shares of ARTIVION common stock on 2026-08-14 at $28.549 per share. The company states the sale was a non-discretionary “sell to cover” to fund tax withholding on vested restricted stock units.
Was the AORT insider sale by Andrew M. Green a discretionary trade?
No. ARTIVION states the 616-share sale was executed to pay tax withholding obligations from vesting restricted stock units. It describes the transaction as a “sell to cover” that does not represent a discretionary transaction by the executive.
Was the AORT insider transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming plan use. Instead, ARTIVION explains the 616-share sale was a sell to cover for tax withholding, not a discretionary or plan-based trading decision.
AI-generated analysis. How Rhea-AI works. Not financial advice.