Orthofix Medical (OFIX) exec sells shares for RSU tax cover
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,133 shares ($27,166)
Net Sell
2 txns
Insider
REINHARDT MAX
Role
President, Global Spine
Sold
2,133 shs ($27K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,053 | $12.5508 | $13K |
| Sale | Common Stock | 1,080 | $12.9163 | $14K |
Holdings After Transaction:
Common Stock — 25,348 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 19,417 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 insider transaction did Orthofix (OFIX) disclose in this Form 4?
Orthofix reported that executive Max Reinhardt sold 2,133 shares of common stock. The sales occurred on March 4 and 5, 2026, and were made in the open market to cover tax withholding tied to restricted stock unit settlement.
Who is Max Reinhardt in relation to Orthofix (OFIX)?
Max Reinhardt is Orthofix’s President, Global Spine. As a senior executive, his equity transactions in company stock must be reported on Form 4, providing transparency into changes in his beneficial ownership position over time.
Were Max Reinhardt’s Orthofix (OFIX) stock sales discretionary trades?
No. The filing states the shares were sold to satisfy tax withholding obligations from restricted stock unit settlement under a pre-existing sell-to-cover requirement approved by the board committee, and the sale occurred without any discretion by Reinhardt.