OrthoPediatrics (KIDS) director receives 11,436-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pelizzon David R reported acquisition or exercise transactions in this Form 4 filing.
OrthoPediatrics Corp director David R. Pelizzon received an award of 11,436 shares of common stock on June 9, 2026. The shares were granted at no cost as a stock award, increasing his direct holdings to 44,384 common shares, including 17,959 restricted stock awards.
The filing also reports 6,901,764 common shares held indirectly through Squadron Capital LLC. As President and a member of Squadron’s Managing Committee, Pelizzon may be deemed a beneficial owner, but he expressly disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pelizzon David R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,436 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,384 shares (Direct, null);
Common Stock — 6,901,764 shares (Indirect, See footnote)
Footnotes (1)
- Includes restricted stock awards totaling 17,959 shares. 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.
Key Figures
Stock award size: 11,436 shares
Award grant price: $0.0000 per share
Direct holdings after award: 44,384 shares
+2 more
5 metrics
Stock award size
11,436 shares
Common stock grant on June 9, 2026
Award grant price
$0.0000 per share
Price for 11,436-share stock award
Direct holdings after award
44,384 shares
Common stock directly held following transaction
Restricted stock included
17,959 shares
Restricted stock awards included in direct holdings
Indirect holdings via Squadron
6,901,764 shares
Common stock held indirectly by Squadron Capital LLC
Key Terms
restricted stock awards, beneficial owner, pecuniary interest, Section 16, +1 more
5 terms
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.
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."
Section 16 regulatory
"shall not be deemed to be an admission of beneficial ownership for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
indirect ownership financial
"These shares are held by Squadron Capital LLC ("Squadron")."
FAQ
What did OrthoPediatrics (KIDS) director David R. Pelizzon report on this Form 4?
Director David R. Pelizzon reported receiving an award of 11,436 OrthoPediatrics common shares. The shares were granted at no cost, increasing his direct holdings to 44,384 shares, which include 17,959 restricted stock awards disclosed in the filing.
What is the size and nature of the stock award to the OrthoPediatrics (KIDS) director?
The OrthoPediatrics director received a stock award of 11,436 common shares. The shares were granted at a price of $0.0000 per share, indicating a compensation-related grant or award rather than an open-market purchase by the director.
Does David R. Pelizzon claim full beneficial ownership of the Squadron Capital OrthoPediatrics (KIDS) shares?
No. Although Pelizzon’s role at Squadron Capital means he may be deemed a beneficial owner of 6,901,764 shares, he expressly disclaims beneficial ownership of those shares, except to the extent of his pecuniary interest, as stated in the footnote.