[Form 4] OrthoPediatrics Corp. Insider Trading Activity
Rhea-AI Filing Summary
OrthoPediatrics Corp. (KIDS) Form 4: Chief Operating Officer and Chief Financial Officer Fred Hite purchased 5,076 shares of OrthoPediatrics common stock in the open market on 08/21/2025 at $19.41 per share, bringing his beneficial ownership to 213,065 shares including 150,360 restricted shares. The filing notes the purchase was matchable under Section 16(b) with a prior sale, and Mr. Hite disgorged $27,664.20 to the company representing the full short-swing profit.
The transaction was reported by an attorney-in-fact on 08/25/2025. The Form 4 shows direct ownership and does not report derivative transactions. No additional executive departures, changes in compensation, or forward-looking statements are included in the filing.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider bought a modest number of shares while resolving a short-swing profit with a disgorgement; impact is likely neutral to investors.
The reported open-market purchase of 5,076 shares at $19.41 is small relative to total outstanding shares and to Mr. Hite's reported 213,065 beneficially owned shares, suggesting limited economic impact on supply or demand. The noted disgorgement of $27,664.20 indicates the prior sale generated a short-swing profit that was returned to the company, which resolves a technical Section 16(b) issue but does not indicate ongoing financial distress. For investors this is a routine insider activity disclosure rather than a material corporate development.
TL;DR: Disgorgement for a Section 16(b) matchable transaction raises governance and compliance questions despite remediation.
The filing discloses that the open-market purchase was matchable with a prior sale triggering a short-swing profit under Section 16(b); Mr. Hite returned the full profit of $27,664.20. While the disgorgement closes the immediate compliance matter, it highlights a lapse in transaction timing oversight for a senior officer who serves as COO and CFO. The company should ensure stronger pre-clearance and reporting controls to prevent recurrence. This is governance-relevant but not necessarily material to operations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,076 | $19.41 | $99K |
Footnotes (1)
- Mr. Hite's purchase of common stock reported herein was matchable under Section 16(b) of the Exchange Act with a previous sale. Mr. Hite has disgorged $27,664.20 to OrthoPediatrics Corp., representing the full amount of profit realized in connection with the short swing transaction. Represents shares that were purchased by Mr. Hite in the open market. Includes restricted stock awards totaling 150,360 shares.