OrthoPediatrics holder sells 302K shares at $21
Director and 10% owner David R. Pelizzon reports an indirect fund-led sale while retaining substantial indirect and direct holdings in KIDS.
Rhea-AI Filing Summary
ORTHOPEDIATRICS CORP (KIDS) reports that on September 10, 2026, 302,369 shares of common stock were sold in the open market by Squadron Capital LLC, an entity associated with director and ten percent owner David R. Pelizzon, at a weighted average price of $21.01 per share (range $21.00–$21.69). Following this sale, Squadron is reported with 6,201,764 indirectly held shares, while Pelizzon also holds 44,384 shares directly, including 17,959 restricted stock awards; he disclaims beneficial ownership of Squadron’s shares except to the extent of his pecuniary interest.
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Insights
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Insider Trade Summary
Net Seller: 302,369 shares
Net Sell
2 txns
Insider
Pelizzon David R
Role
Director, 10% Owner
Sold
302,369 shs ($6.35M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 302,369 | $21.01 | $6.35M |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,201,764 shares (Indirect, See footnote);
Common Stock — 44,384 shares (Direct)
Footnotes (4)
- F1. This sale was undertaken by Squadron Capital LLC to provide additional capital for its other portfolio businesses.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.69, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3. These shares are held by Squadron Capital LLC ("Squadron"). As the President and a member of the Managing Committee of Squadron, the reporting person may be deemed to be the beneficial owner of these shares. The reporting person expressly disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed to be an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- F4. Includes restricted stock awards totaling 17,959 shares.
Key Figures
Shares sold: 302,369 shares
Weighted average sale price: $21.01 per share
Sale price range: $21.00–$21.69 per share
+3 more
6 metrics
Shares sold
302,369 shares
Common stock sold indirectly via Squadron Capital LLC on September 10, 2026
Weighted average sale price
$21.01 per share
Open-market sale by Squadron Capital LLC on September 10, 2026
Sale price range
$21.00–$21.69 per share
Price range for the 302,369 shares sold on September 10, 2026
Indirect holdings after transaction
6,201,764 shares
Common stock held by Squadron Capital LLC after the sale
Direct holdings after transaction
44,384 shares
Common stock directly held by David R. Pelizzon after the reported transactions
Restricted stock awards included
17,959 shares
Portion of Pelizzon’s 44,384 directly held shares that are restricted stock awards
Key Terms
weighted average price, beneficial owner, pecuniary interest, restricted stock awards
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial owner financial
"the reporting person may be deemed to be the beneficial owner of these shares."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"except to the extent of his pecuniary interest therein."
restricted stock awards financial
"Includes restricted stock awards totaling 17,959 shares."
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
FAQ
What insider transaction did KIDS report for David R. Pelizzon?
On September 10, 2026, an entity associated with David R. Pelizzon, Squadron Capital LLC, sold 302,369 shares of Orthopediatrics Corp common stock in open-market transactions at a weighted average price of $21.01 per share, with prices ranging from $21.00 to $21.69.
What are David R. Pelizzon’s direct holdings in KIDS after this filing?
Following the reported transactions, David R. Pelizzon directly holds 44,384 shares of Orthopediatrics Corp common stock, which includes 17,959 restricted stock awards as disclosed in the Form 4 footnotes.
Was the KIDS insider sale made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating that the 302,369-share sale by Squadron Capital LLC was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
