Orthofix director granted 14,965 deferred stock units
Orthofix Medical Inc. director Charles R. Kummeth reported receiving an award of 14,965 deferred stock units of common stock as a compensation grant.
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Rhea-AI Filing Summary
Orthofix Medical Inc. director Charles R. Kummeth reported receiving an award of 14,965 deferred stock units of common stock as a compensation grant. The units were granted at $0.00 per share, indicating they are not an open-market purchase but an equity award.
The deferred stock units vest in full on the first anniversary of the grant date, subject to his continued service. Each vested unit represents the right to receive one share of Orthofix common stock, which will be delivered within 45 days after his termination of service. Following this award, Kummeth holds 76,305 shares in total, including 42,343 previously reported deferred stock units and 2,103 shares acquired under Orthofix’s Stock Purchase Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,965 | $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 42,343 previously reported deferred stock units and an aggregate of 2,103 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
Stock Purchase Plan financial
Rule 16b-3(b)(5) regulatory
Section 16(b) regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Orthofix Medical (OFIX) director Charles R. Kummeth report in this Form 4?
How many Orthofix (OFIX) deferred stock units were granted to Charles R. Kummeth?
When do Charles R. Kummeth’s new Orthofix (OFIX) deferred stock units vest and settle?
Is Charles R. Kummeth’s Orthofix (OFIX) Form 4 transaction a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.