Orthofix Medical (OFIX) awards options and restricted stock to executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orthofix Medical Inc. executive Patrick Fisher, President, Global Limb Recon, reported equity awards on March 3, 2026. He received 50,101 employee stock options with an exercise right to buy Orthofix common shares and a grant of 21,105 shares of common stock as restricted stock units at no cash cost.
The restricted stock units vest in equal one-third installments on the first, second, and third anniversaries of the grant date, and the options vest on the same three-year schedule. Following these grants, Fisher directly owns 52,169 shares of common stock, which include previously reported restricted stock units and 948 shares acquired under Orthofix’s Stock Purchase Plan, and holds 50,101 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fisher Patrick
Role
President, Global Limb Recon
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 50,101 | $0.00 | -- |
| Grant/Award | Common Stock | 21,105 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 50,101 shares (Direct);
Common Stock — 52,169 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units approved 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). The restricted stock units vest with respect to one-third (1/3rd) of the shares of stock covered thereby on the first, second and third anniversary of the Grant Date. Includes 24,936 previously reported restricted stock units and 948 shares acquired under Orthofix's Stock Purchase Plan ("Orthofix's SPP") on 10/31/2025. 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). The options vest and become exercisable with respect to one-third (1/3rd) of the shares covered thereby on the first, second and third anniversary of the Grant Date.
FAQ
What insider transactions did Patrick Fisher report at Orthofix Medical (OFIX)?
Patrick Fisher reported receiving equity awards from Orthofix Medical, including stock options and restricted stock units. On March 3, 2026 he was granted 50,101 employee stock options and 21,105 shares of common stock in the form of restricted stock units at no cash cost.
How many Orthofix Medical stock options were granted to Patrick Fisher?
Patrick Fisher was granted 50,101 employee stock options for Orthofix Medical common stock. These options are a right to buy shares and vest in three equal annual installments on the first, second, and third anniversaries of the March 3, 2026 grant date.
What restricted stock unit grant did Patrick Fisher receive from Orthofix Medical?
Patrick Fisher received 21,105 shares of Orthofix Medical common stock in the form of restricted stock units. The Compensation and Talent Development Committee approved this grant, which vests one-third on each of the first, second, and third anniversaries of the March 3, 2026 grant date.
How do Patrick Fisher’s restricted stock units at Orthofix Medical vest?
Patrick Fisher’s restricted stock units vest over three years in equal installments. One-third of the shares vest on each of the first, second, and third anniversaries of the grant date, aligning his compensation with longer-term Orthofix Medical performance and retention objectives.
What is Orthofix’s Stock Purchase Plan mentioned in Patrick Fisher’s holdings?
Orthofix’s Stock Purchase Plan is described as a “Stock Purchase Plan” under Rule 16b-3(b)(5). Patrick Fisher’s holdings include 948 shares acquired through this plan, and acquisitions under it are exempt from Section 16(b), affecting how insider trading profit recovery rules apply.
Are Patrick Fisher’s new Orthofix stock awards immediate cash purchases?
No, Patrick Fisher’s reported awards are equity grants rather than cash purchases. He received 50,101 options and 21,105 restricted stock units at a stated price of $0.0000 per share, reflecting compensatory awards approved by Orthofix’s Compensation and Talent Development Committee.