Orthofix (OFIX) executive sells 1,536 shares to cover RSU tax withholding
Rhea-AI Filing Summary
Orthofix Medical Inc. executive Patrick Fisher, President, Global Limb Recon, reported selling 1,536 shares of common stock in open-market transactions on March 4 and 5, 2026 at weighted average prices of $12.9163 and $12.5508 per share. According to the disclosure, these sales were made to satisfy tax withholding obligations under a pre-existing sell-to-cover requirement approved by a board committee and were executed without his discretionary choice. After these transactions, he held 50,633 shares and restricted stock units in total, including 41,134 previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insights
Small, automatic sell-to-cover trades; routine equity tax event.
The transactions show Orthofix executive Patrick Fisher selling 1,536 shares of common stock at weighted average prices of $12.9163 and $12.5508 per share. The filing explains these sales were required to cover tax withholding from restricted stock unit settlements.
Because the sell-to-cover requirement was pre-approved by a board committee and executed without the executive’s discretion, this looks like standard equity compensation administration rather than a discretionary reduction in exposure. After the trades, he still holds 50,633 shares and units, including 41,134 restricted stock units, indicating continued alignment with shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 758 | $12.5508 | $10K |
| Sale | Common Stock | 778 | $12.9163 | $10K |
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 41,134 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.