OrthoPediatrics CEO sells shares for tax withholding
OrthoPediatrics Corp President and CEO David R. Bailey reported an open-market sale of 19,535 shares of common stock at $17.25 per share.
Rhea-AI Filing Summary
OrthoPediatrics Corp President and CEO David R. Bailey reported an open-market sale of 19,535 shares of common stock at $17.25 per share. According to the disclosure, these shares were sold to satisfy tax withholding obligations triggered when restricted stock vested, rather than as a discretionary portfolio move.
After this transaction, Bailey directly holds 298,020 shares of OrthoPediatrics common stock, which includes 187,891 shares of restricted stock awards. The sale represents only a portion of his overall equity position in the company.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,535 | $17.25 | $337K |
Footnotes (2)
- F1. Shares sold to satisfy tax withholding obligations upon vesting of restricted shares.
- F2. Includes restricted stock awards totaling 187,891 shares.
FAQ
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What did OrthoPediatrics (KIDS) CEO David Bailey do in this insider transaction?
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