Orthofix director granted 20,721 deferred units
Orthofix Medical Inc. director Michael Finegan reported receiving an award of 20,721 deferred stock units of common stock.
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Rhea-AI Filing Summary
Orthofix Medical Inc. director Michael Finegan reported receiving an award of 20,721 deferred stock units of common stock. These units vest in full on the first anniversary of the grant date, contingent on his continued service. Each deferred stock unit represents the right to receive one Orthofix common share, which will be delivered within 45 days after his service with the company ends. Following this award and previously reported positions, Finegan now holds a total of 81,617 Orthofix shares and deferred stock units, including 55,805 earlier deferred units and 3,505 shares acquired under Orthofix's Stock Purchase Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,721 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents an award of deferred stock units that vest in full on the first anniversary of the grant date, subject to the reporting person's service through such date. Each deferred stock unit represents a contingent right to receive one share of common stock of the issuer. Vested deferred stock units will settle and convert into common stock within 45 days of the reporting person's termination of service with the issuer.
- F2. Includes 55,805 previously reported deferred stock units and an aggregate of 3,505 shares acquired under Orthofix's Stock Purchase Plan ("Orthofix's SPP") on 10/31/2025 and 4/30/2026. Orthofix's SPP is a "Stock Purchase Plan" as defined in Rule 16b-3(b)(5), and share acquisitions under the plan are exempt from Section 16(b).
Key Figures
Key Terms
deferred stock units financial
Orthofix's Stock Purchase Plan financial
Rule 16b-3(b)(5) regulatory
Section 16(b) regulatory
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Orthofix (OFIX) director Michael Finegan report in this Form 4?
How do Michael Finegan’s new Orthofix (OFIX) deferred stock units vest?
What are Michael Finegan’s total reported Orthofix (OFIX) holdings after this transaction?
What is Orthofix’s Stock Purchase Plan mentioned in Michael Finegan’s Form 4?
Was Michael Finegan’s Orthofix (OFIX) award an open-market stock purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.