[Form 4/A] KESTRA MEDICAL TECHNOLOGIES, LTD. Amended Insider Trading Activity
Amended Form 4 for Alfred J. Ford Jr. at Kestra Medical Technologies (KMTS). The filing retroactively reports the purchase of 20,000 common shares on 03/07/2025 at a price of $17.00 per share, acquired under the issuer's initial public offering reserved share program. Following this transaction, the reporting person beneficially owns 49,412 common shares in a direct capacity. The amendment states the shares were inadvertently omitted from prior filings. The form is signed by an attorney-in-fact for the reporting person.
- Corrective disclosure restores accuracy to Section 16 filings by reporting previously omitted shares
- Clear transaction details provided: 20,000 shares acquired on 03/07/2025 at $17.00 per share
- Beneficial ownership quantified after transaction: 49,412 common shares held directly
- Prior omission indicates earlier filings did not fully disclose this acquisition
- No explanation of why the omission occurred beyond describing it as inadvertent (no procedural detail)
Insights
TL;DR: Amendment corrects a prior omission, reporting a 20,000-share acquisition at $17 from the IPO reserved program.
The amendment documents a routine corrective disclosure under Section 16: 20,000 common shares were acquired on 03/07/2025 at $17.00 each and are now reported as part of the reporting person's direct holdings of 49,412 shares. The filing cites an inadvertent omission from earlier reports, which the amendment resolves. For compliance purposes this restores the public record of beneficial ownership and aligns the issuer's reserved-share allocations with the reporting person's Section 16 filings.
TL;DR: Corrective filing improves transparency but contains no new compensatory or dilutive details.
The disclosure clarifies ownership but does not introduce new derivative instruments, option exercises, or material changes to board/officer status. It confirms the shares were linked to the IPO reserved share program rather than a separate compensation grant. The amendment reduces disclosure risk by reconciling the filing record with the issuer's allocation, supporting investor transparency without indicating material governance issues.