Orthofix (NASDAQ: OFIX) CEO reports automatic stock sales for tax cover
Rhea-AI Filing Summary
Orthofix Medical Inc. President & CEO Massimo Calafiore reported automatic sales of company stock to cover taxes linked to vesting equity awards. On January 9, 2026, 9,600 shares of common stock were sold at a weighted average price of $15.8235, and on January 12, 2026, 9,797 shares were sold at a weighted average price of $15.2138. The filing explains these transactions were made under a pre-existing, mandated sell-to-cover arrangement approved by the board’s Compensation and Talent Development Committee, with no discretion exercised by the executive. After these sales, Calafiore beneficially owned 217,237 shares of Orthofix common stock, including previously reported deferred stock units and shares acquired under the company’s stock purchase plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,797 | $15.2138 | $149K |
| Sale | Common Stock | 9,600 | $15.8235 | $152K |
Footnotes (1)
- Represents the number of shares of common stock sold to satisfy tax withholding obligations in connection with the settlement of restricted stock units, pursuant to a pre-existing sell-to-cover requirement previously approved and mandated by the Compensation and Talent Development Committee of the Company's Board of Directors (the administrator of the plan pursuant to which such restricted stock units were granted). Such sale was made without the exercise of any discretion by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.57 to $16.15, inclusive. The reporting person undertakes to provide to Orthofix Medical Inc., any security holder of Orthofix Medical Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) to this Form 4. Includes 135,369 previously reported deferred stock units and an aggregate of 2,031 shares acquired under Orthofix's Stock Purchase Plan on 10/31/2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.02 to $15.75, inclusive.
FAQ
Who is the insider in Orthofix (OFIX) Form 4 and what is their role?
The Form 4 reports transactions by Massimo Calafiore, who serves as President & CEO and a Director of Orthofix Medical Inc.
Were the Orthofix (OFIX) CEO’s sales discretionary trades?
The explanation states the sales were made under a pre-existing, mandated sell-to-cover arrangement and were conducted without the exercise of any discretion by the reporting person.
What price ranges applied to the Orthofix (OFIX) insider sales?
For the January 9, 2026 sale, the weighted average price of $15.8235 reflects multiple trades between $15.57 and $16.15. For the January 12, 2026 sale, the weighted average price of $15.2138 reflects trades between $15.02 and $15.75.