Engine Capital adds to Orthofix (OFIX) stake with open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orthofix Medical Inc. large shareholder entities associated with Engine Capital reported new open-market purchases of common stock. On February 24–25, 2026, Engine Capital, L.P. and Engine Lift Capital, LP bought a combined 137,858 shares at prices of $12.5455 and $12.9634 per share, all held indirectly. The filing also reports updated indirect holdings for Engine Jet Capital, L.P. Each of the listed Engine Capital entities and Arnaud Ajdler may be deemed part of a Section 13(d) group that collectively beneficially owns more than 10% of Orthofix’s common stock, while disclaiming beneficial ownership beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 137,858 shares ($1,734,956)
Net Buy
5 txns
Insider
Engine Capital Management, LP, ENGINE CAPITAL, L.P., Engine Jet Capital, L.P., Engine Lift Capital, LP, Engine Investments, LLC, Engine Investments II, LLC, Engine Capital Management GP, LLC, Ajdler Arnaud
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Bought
137,858 shs ($1.73M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 9,959 | $12.9634 | $129K |
| Purchase | Common Stock | 3,102 | $12.9634 | $40K |
| Purchase | Common Stock | 117,076 | $12.5455 | $1.47M |
| Purchase | Common Stock | 7,721 | $12.5455 | $97K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,673,092 shares (Indirect, By: Engine Capital, L.P.)
Footnotes (1)
- This Form 4 is filed jointly by Engine Capital, L.P. ("Engine Capital"), Engine Jet Capital, L.P. ("Engine Jet"), Engine Lift Capital, LP ("Engine Lift"), Engine Capital Management, LP ("Engine Management"), Engine Capital Management GP, LLC ("Engine GP"), Engine Investments, LLC ("Engine Investments"), Engine Investments II, LLC ("Engine Investments II") and Arnaud Ajdler (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of common stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Securities owned directly by Engine Capital. Engine Investments is the general partner of Engine Capital, Engine Management is the investment advisor of Engine Capital, Engine GP is the general partner of Engine Management, and Mr. Ajdler serves as the managing partner of Engine Management and the managing member of Engine GP and Engine Investments. As a result of these relationships, Engine Investments, Engine Management, Engine GP and Mr. Ajdler may be deemed to beneficially own the securities owned directly by Engine Capital. Securities owned directly by Engine Jet. Engine Investments is the general partner of Engine Jet, Engine Management is the investment advisor of Engine Jet, Engine GP is the general partner of Engine Management, and Mr. Ajdler serves as the managing partner of Engine Management and the managing member of Engine GP and Engine Investments. As a result of these relationships, Engine Investments, Engine Management, Engine GP and Mr. Ajdler may be deemed to beneficially own the securities owned directly by Engine Jet. Securities owned directly by Engine Lift. Engine Investments II is the general partner of Engine Lift, Engine Management is the investment advisor of Engine Lift, Engine GP is the general partner of Engine Management, and Mr. Ajdler serves as the managing partner of Engine Management and the managing member of Engine GP and Engine Investments II. As a result of these relationships, Engine Investments II, Engine Management, Engine GP and Mr. Ajdler may be deemed to beneficially own the securities owned directly by Engine Lift.
FAQ
What insider activity did Engine Capital report in Orthofix (OFIX)?
Entities associated with Engine Capital reported buying Orthofix common stock. They acquired 137,858 shares in open-market transactions on February 24–25, 2026, at prices of $12.5455 and $12.9634 per share, increasing their indirect ownership stakes in the company.
Is the Engine Capital position in Orthofix (OFIX) classified as indirect ownership?
Yes, the reported Orthofix holdings are classified as indirect. Shares are owned directly by funds such as Engine Capital, L.P., Engine Jet Capital, L.P., and Engine Lift Capital, LP, with control and pecuniary interests attributed through related general partners and management entities.
Does the Engine Capital group exceed 10% ownership in Orthofix (OFIX)?
The reporting persons may be deemed a Section 13(d) group that collectively beneficially owns more than 10% of Orthofix’s outstanding common stock. They also expressly disclaim beneficial ownership beyond the extent of their respective pecuniary interests in the reported securities.
What does Arnaud Ajdler’s role indicate in the Orthofix (OFIX) Form 4?
Arnaud Ajdler is identified as managing partner of Engine Capital Management and managing member of related general partner entities. Through these roles, he may be deemed to beneficially own securities held by Engine Capital funds, subject to the stated pecuniary-interest limitation disclaimer.