[SCHEDULE 13G/A] ARTIVION, INC. SEC Filing

Rhea-AI Filing Summary

Morgan Stanley filed Schedule 13G/A (Amendment No. 2) reporting beneficial ownership of 2,074,975 shares of Artivion, Inc. (AORT) common stock, representing 4.4% of the class as of the reporting event dated 09/30/2025. The filing states Morgan Stanley has ceased to be the beneficial owner of more than five percent of the class.

The filing lists shared voting power: 208,344 shares and shared dispositive power: 2,074,975 shares, with 0 shares under sole voting or dispositive power. The certification indicates the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

Insights

Equity ownership & regulatory filings analyst

Stake reported at 4.4%; below the 5% threshold.

Morgan Stanley reports beneficial ownership of 2,074,975 Artivion shares, equal to 4.4%. This indicates a passive ownership posture within Schedule 13G parameters, with the event date of 09/30/2025.

The filing notes shared voting power: 208,344 and shared dispositive power: 2,074,975, and 0 sole powers. It also states Morgan Stanley has ceased to be the beneficial owner of more than five percent, signaling a threshold change under Section 13 rules.

Because this is an ownership disclosure rather than an operational change, the immediate investment impact is typically limited; any trading or liquidity effects depend on future holder decisions, which are not addressed in this excerpt.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

ARTIVION, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

228903100

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 228903100

1

Names of Reporting Persons

Morgan Stanley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 208,344.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,074,975.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,074,975.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.4 %

12

Type of Reporting Person (See Instructions)

HC, CO

Comment for Type of Reporting Person: As of the date hereof, Morgan Stanley has ceased to be the beneficial owner of more than five percent of the class of securities.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ARTIVION, INC.
(b)	Address of issuer's principal executive offices: 1655 ROBERTS BOULEVARD N W, KENNESAW, GA, 30144
Item 2.
(a)	Name of person filing: Morgan Stanley
(b)	Address or principal business office or, if none, residence: 1585 Broadway, New York, NY 10036
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 228903100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: 4.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Morgan Stanley

Signature:	Chris O'Hara
Name/Title:	Authorized Signatory, Morgan Stanley
Date:	11/07/2025

FAQ

What stake in Artivion (AORT) did Morgan Stanley report in this 13G/A?

Morgan Stanley reported beneficial ownership of 2,074,975 shares, representing 4.4% of Artivion’s common stock.

Did Morgan Stanley cross a key ownership threshold in Artivion (AORT)?

Yes. The filing states Morgan Stanley has ceased to be the beneficial owner of more than five percent of the class.

What voting and dispositive powers did Morgan Stanley disclose for AORT?

It disclosed shared voting power: 208,344; shared dispositive power: 2,074,975; and 0 sole voting or dispositive power.

What is the event date associated with Morgan Stanley’s AORT ownership report?

The event date is 09/30/2025.

What certification did Morgan Stanley include in the 13G/A filing?

It certified the securities were acquired and are held in the ordinary course of business and not to change or influence control.

What type of filing is this for Artivion (AORT)?

A Schedule 13G/A (Amendment No. 2) reporting beneficial ownership.