Orthofix director awarded 14,965 stock units
Maniar Shweta reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Maniar Shweta reported acquisition or exercise transactions in this Form 4 filing.
Orthofix Medical Inc. director Shweta Maniar received an award of 14,965 deferred stock units of common stock at no purchase price as equity compensation. The units vest in full on the first anniversary of the grant date, conditioned on continued service. Each unit represents a contingent right to receive one share of common stock, which will be delivered within 45 days after her service with the company ends. Following this grant, she holds a total of 69,038 deferred stock units, including 48,347 units that were previously reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,965 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents an award of deferred stock units that vest in full on the first anniversary of the grant date, subject to the reporting person's service through such date. Each deferred stock unit represents a contingent right to receive one share of common stock of the issuer. Vested deferred stock units will settle and convert into common stock within 45 days of the reporting person's termination of service with the issuer.
- F2. Includes 48,347 previously reported deferred stock units.
Key Figures
Key Terms
deferred stock units financial
vest financial
contingent right financial
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