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.
Positive
- None.
Negative
- None.
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.
How many Orthofix (OFIX) shares did the CEO sell in this Form 4?
The CEO reported sales of 9,600 shares of common stock on January 9, 2026 at a weighted average price of $15.8235, and 9,797 shares on January 12, 2026 at a weighted average price of $15.2138.
Why were Orthofix (OFIX) shares sold in this insider transaction?
The filing states the shares were sold to satisfy tax withholding obligations in connection with the settlement of restricted stock units, under a pre-existing sell-to-cover requirement approved and mandated by the board’s Compensation and Talent Development Committee, with no discretion exercised by the reporting person.
How many Orthofix (OFIX) shares does the CEO own after these sales?
Following the reported transactions, the CEO beneficially owned 217,237 shares of Orthofix common stock, which includes 135,369 deferred stock units and 2,031 shares acquired under Orthofix's Stock Purchase Plan on October 31, 2025.
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.