Orthofix Medical (OFIX) CFO sells shares in mandatory tax sell-to-cover
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orthofix Medical Inc.'s CFO Julie Andrews reported a sale of 4,873 shares of common stock on January 16, 2026 at a price of $14.38 per share. This was a Form 4 insider transaction.
According to the footnotes, the shares were sold solely to cover tax withholding obligations tied to the settlement of restricted stock units under a pre-existing, mandatory sell-to-cover arrangement approved by the board’s Compensation and Talent Development Committee. The sale was made without any exercise of discretion by the reporting person.
After this transaction, Andrews beneficially owned 58,039 shares of Orthofix common stock, which includes 45,590 previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,873 shares ($70,074)
Net Sell
1 txn
Insider
Andrews Julie
Role
CFO
Sold
4,873 shs ($70K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,873 | $14.38 | $70K |
Holdings After Transaction:
Common Stock — 58,039 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. Includes 45,590 previously reported restricted stock units.
FAQ
What insider transaction did Orthofix Medical (OFIX) report for its CFO?
The CFO, Julie Andrews, reported selling 4,873 shares of Orthofix Medical common stock on January 16, 2026 at $14.38 per share.
What type of security was involved in the Orthofix CFO’s Form 4 filing?
The transaction involved Orthofix Medical Inc. common stock, reported in Table I for non-derivative securities.
Was the Orthofix (OFIX) CFO’s stock sale discretionary?
No. The footnote explains the sale was made under a pre-existing, mandated sell-to-cover requirement to pay taxes and was completed without any exercise of discretion by the reporting person.
What role does Julie Andrews hold at Orthofix Medical (OFIX)?
Julie Andrews is reported as an officer of Orthofix Medical Inc., serving in the role of CFO.