Orthofix officer sells shares to cover RSU taxes
Orthofix Medical Inc. President, Global Spine, Max Reinhardt reported selling 2,133 shares of common stock in open-market transactions on March 4 and March 5, 2026.
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Rhea-AI Filing Summary
Orthofix Medical Inc. President, Global Spine, Max Reinhardt reported selling 2,133 shares of common stock in open-market transactions on March 4 and March 5, 2026. The shares were sold solely to satisfy tax withholding obligations from restricted stock unit settlement under a pre-approved sell-to-cover mandate, with no discretion exercised by him. After these sales, he directly held 25,348 shares, including 19,417 restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,053 | $12.5508 | $13K |
| Sale | Common Stock | 1,080 | $12.9163 | $14K |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. Includes 19,417 previously reported restricted stock units.
- F4. 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
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What insider transaction did Orthofix (OFIX) disclose in this Form 4?
Who is Max Reinhardt in relation to Orthofix (OFIX)?
Were Max Reinhardt’s Orthofix (OFIX) stock sales discretionary trades?
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