Bioventus (BVS) director amends filing on unaccepted 9,000 RSU grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Cowdy Philip G. reported acquisition or exercise transactions in this Form 4 filing.
Bioventus Inc. director Philip G. Cowdy filed an amended insider report to correct a previously reported equity grant. A prior Form 4 had shown a grant of 9,000 restricted stock units, but the footnote explains this grant was not accepted. As of February 11, 2021, he held no non-derivative or derivative securities of Bioventus.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cowdy Philip G.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- On February 16, 2021, the Issuer inadvertently filed a Form 4 reporting a grant of restricted stock units that were not accepted by the Reporting Person. As of February 11, 2021, the Reporting Person held no non-derivative or derivative securities of the Issuer. None.
Key Figures
RSU grant referenced: 9,000 restricted stock units
Holdings after correction: 0 securities
Grant price per unit: $0.0000 per unit
3 metrics
RSU grant referenced
9,000 restricted stock units
Previously reported grant later stated as not accepted
Holdings after correction
0 securities
Non-derivative and derivative holdings as of February 11, 2021
Grant price per unit
$0.0000 per unit
Reported price for the referenced restricted stock unit grant
Key Terms
Restricted Stock Units, Form 4, non-derivative, derivative securities
4 terms
Restricted Stock Units financial
"the Issuer inadvertently filed a Form 4 reporting a grant of restricted stock units"
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.
Form 4 regulatory
"the Issuer inadvertently filed a Form 4 reporting a grant"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"held no non-derivative or derivative securities of the Issuer"
derivative securities financial
"held no non-derivative or derivative securities of the Issuer"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What does the Bioventus (BVS) Form 4/A for Philip G. Cowdy report?
The Form 4/A shows an amended insider report for director Philip G. Cowdy. It corrects a previously filed Form 4 that had reported a grant of restricted stock units which, according to the footnote, was not actually accepted by the reporting person.
How many restricted stock units were involved in the Bioventus (BVS) amendment?
The amendment references a grant of 9,000 restricted stock units. The footnote clarifies that this grant, previously reported on an earlier Form 4, was not accepted, so it did not result in actual holdings for the reporting person.
What was incorrect in the earlier Bioventus (BVS) Form 4 for Philip G. Cowdy?
The earlier Form 4, filed on February 16, 2021, inadvertently reported a grant of 9,000 restricted stock units. The amendment states that these units were not accepted by the reporting person, so the original filing did not accurately reflect his holdings.
Does the Bioventus (BVS) Form 4/A show any insider buying or selling?
The Form 4/A centers on a reported grant of restricted stock units with zero price per unit. The footnote explains that this grant was not accepted, and the reporting person held no securities as of February 11, 2021, so no effective buying or selling occurred.