Orthofix (OFIX) awards CLO stock options and new RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orthofix Medical Inc. reported that Chief Legal Officer Jorge Andres Cedron received equity awards in the form of stock options and restricted stock units. On March 3, 2026, he was granted 54,656 employee stock options and 23,024 shares of common stock as a grant/award acquisition.
The restricted stock units vest in equal one-third installments on the first, second, and third anniversaries of the grant date. The options also vest and become exercisable in equal one-third installments on each of the first three anniversaries. Following the stock grant, he directly holds 65,524 shares of common stock, which includes 36,767 previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cedron Jorge Andres
Role
CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 54,656 | $0.00 | -- |
| Grant/Award | Common Stock | 23,024 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 54,656 shares (Direct);
Common Stock — 65,524 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units approved 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). The restricted stock units vest with respect to one-third (1/3rd) of the shares of stock covered thereby on the first, second and third anniversary of the Grant Date. Includes 36,767 previously reported restricted stock units. The options vest and become exercisable with respect to one-third (1/3rd) of the shares covered thereby on the first, second and third anniversary of the Grant Date.
FAQ
What insider transactions did Orthofix Medical (OFIX) report for Jorge Andres Cedron?
Orthofix Medical reported that Chief Legal Officer Jorge Andres Cedron received equity awards, not open-market trades. He was granted 54,656 employee stock options and 23,024 shares of common stock as restricted stock units on March 3, 2026, as part of a compensation program.
How many stock options were granted to Orthofix Medical CLO Jorge Andres Cedron?
Cedron received 54,656 employee stock options as a grant on March 3, 2026. These options vest in three equal installments, with one-third becoming exercisable on each of the first, second, and third anniversaries of the grant date under the company’s equity plan.
How many restricted stock units did Jorge Andres Cedron receive from Orthofix Medical?
He received 23,024 shares of common stock in the form of restricted stock units on March 3, 2026. The restricted stock units vest in one-third increments on the first, second, and third anniversaries of the grant date, subject to the plan’s administration and terms.
What is the vesting schedule for Cedron’s new Orthofix restricted stock units and options?
Both the restricted stock units and options vest over three years. One-third of each award vests on the first anniversary of the grant date, another third on the second anniversary, and the remaining third on the third anniversary, creating a multi-year retention structure.
Were Cedron’s Orthofix equity awards purchased on the open market?
No, the filing classifies both transactions as grant or award acquisitions at a price of $0.00 per share. They represent compensation-related equity awards—employee stock options and restricted stock units—approved by the Compensation and Talent Development Committee of Orthofix’s Board of Directors.