Orthofix (OFIX) operations chief sells 2,559 shares for RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orthofix Medical Inc. executive Aviva McPherron, President of Global Operations & Quality, reported selling a total of 2,559 shares of common stock in open-market transactions on March 4 and 5, 2026.
According to the disclosure, these sales were executed to satisfy tax withholding obligations related to the settlement of restricted stock units under a pre-approved, mandatory sell-to-cover program established by the Board’s Compensation and Talent Development Committee, and were carried out without any discretionary trading decision by the reporting person. After these transactions, McPherron directly owns 67,853 shares of Orthofix common stock, which includes 54,692 previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,559 shares ($32,591)
Net Sell
2 txns
Insider
McPherron Aviva
Role
Pres, Global Ops & Qual
Sold
2,559 shs ($33K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,263 | $12.5508 | $16K |
| Sale | Common Stock | 1,296 | $12.9163 | $17K |
Holdings After Transaction:
Common Stock — 67,853 shares (Direct)
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 $12.80 to $13.03, 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 54,692 previously reported restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.48 to $12.72, inclusive.
FAQ
What did Orthofix (OFIX) executive Aviva McPherron report in this Form 4?
Aviva McPherron reported selling a total of 2,559 Orthofix common shares in open-market transactions. The sales occurred on March 4 and 5, 2026 and were tied to tax withholding obligations from restricted stock unit settlements.
What role does Aviva McPherron hold at Orthofix (OFIX)?
Aviva McPherron serves as President, Global Operations & Quality at Orthofix Medical Inc. This officer role is identified in the Form 4, which reports her equity-related transactions and resulting ownership in the company’s common stock.