Orthofix Medical (OFIX) awards 14,965 deferred stock units to director Burris

Rhea-AI Filing Summary

BURRIS WAYNE reported acquisition or exercise transactions in this Form 4 filing.

Orthofix Medical Inc. director Wayne Burris received a grant of 14,965 deferred stock units of common stock at no cost. These units vest in full on the first anniversary of the grant date, contingent on his continued service with the company through that date.

Each deferred stock unit represents a contingent right to receive one share of Orthofix common stock, settling within 45 days after his service with the company ends. Including 44,156 previously reported deferred stock units, his direct holdings now total 65,504 shares represented by deferred stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BURRIS WAYNE

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	14,965	$0.00	--

Holdings After Transaction: Common Stock — 65,504 shares (Direct, null)

Footnotes (1)

1. 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. Includes 44,156 previously reported deferred stock units.

Key Figures

Deferred stock units granted: 14,965 units Grant price per unit: $0.00 per share Total shares after transaction: 65,504 shares +3 more

6 metrics

Deferred stock units granted 14,965 units Award of deferred stock units to director on grant date

Grant price per unit $0.00 per share Equity award granted at no cash cost to director

Total shares after transaction 65,504 shares Direct holdings following award, represented by deferred stock units

Previously reported deferred stock units 44,156 units Deferred stock units disclosed before this grant

Vesting period 1 year Deferred stock units vest on first anniversary of grant date

Settlement window after termination Within 45 days Vested deferred stock units convert to stock after service ends

Key Terms

deferred stock units, vest in full, contingent right, termination of service

4 terms

deferred stock units financial

"Represents an award of deferred stock units that vest in full on the first anniversary"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

vest in full financial

"deferred stock units that vest in full on the first anniversary of the grant date"

contingent right financial

"Each deferred stock unit represents a contingent right to receive one share of common stock"

termination of service financial

"will settle and convert into common stock within 45 days of the reporting person's termination of service"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BURRIS WAYNE

(Last) (First) (Middle)

3451 PLANO PARKWAY

(Street)

LEWISVILLE TEXAS 75056

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Orthofix Medical Inc. [ OFIX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/10/2026		A		14,965(1)	A	$0	65,504(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. Includes 44,156 previously reported deferred stock units.

	/s/ J. Andres Cedron, attorney-in-fact	06/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Orthofix Medical (OFIX) report for Wayne Burris?

Orthofix Medical reported that director Wayne Burris received a grant of 14,965 deferred stock units of common stock. The award was made at no cost and is structured as equity-based compensation, increasing his direct deferred stock unit holdings reported in this filing.

How many Orthofix (OFIX) shares does Wayne Burris hold after this Form 4 transaction?

After the reported grant, Wayne Burris directly holds 65,504 shares represented by deferred stock units. This total includes the newly awarded 14,965 units and 44,156 deferred stock units that were previously reported in earlier filings as part of his equity compensation.

When do Wayne Burris’s new Orthofix (OFIX) deferred stock units vest?

The 14,965 newly granted deferred stock units vest in full on the first anniversary of the grant date. Vesting is conditioned on Wayne Burris continuing to serve Orthofix through that date, making the award a time-based retention incentive tied to his ongoing board service.

What happens when Wayne Burris’s Orthofix (OFIX) deferred stock units settle?

Each deferred stock unit converts into one share of Orthofix common stock upon settlement. According to the filing, vested deferred stock units will settle and convert into common shares within 45 days after Wayne Burris’s termination of service with Orthofix Medical Inc., subject to the plan terms.

What are deferred stock units in the context of Orthofix (OFIX) director compensation?

Deferred stock units are equity awards representing a right to receive common shares at a later date. For Orthofix, each deferred stock unit equals one share of common stock and typically vests over time, then settles into stock within a specified period following termination of service.