Orthofix CLO sells shares to cover RSU taxes
Orthofix Medical Inc. CLO Jorge Andres Cedron reported an open-market sale of 3,743 shares of common stock at $12.82 per share on April 16, 2026.
Rhea-AI Filing Summary
Orthofix Medical Inc. CLO Jorge Andres Cedron reported an open-market sale of 3,743 shares of common stock at $12.82 per share on April 16, 2026. According to the footnote, these shares were sold solely to satisfy tax withholding obligations tied to the settlement of restricted stock units under a pre-existing, Compensation and Talent Development Committee–mandated sell-to-cover requirement, leaving the executive with 59,006 shares, including 44,353 previously reported restricted stock units. The sale was made without any exercise of discretion by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,743 | $12.82 | $48K |
Footnotes (2)
- F1. 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.
- F2. Includes 44,353 previously reported restricted stock units.
Key Figures
Key Terms
restricted stock units financial
sell-to-cover requirement financial
tax withholding obligations financial
Compensation and Talent Development Committee financial
FAQ
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