Organogenesis (NASDAQ: ORGO) officer amends Form 4 for award and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Organogenesis Holdings Inc. executive Lori Freedman updated her insider holdings following a performance share award. She acquired 43,212 shares of Class A common stock at no cost from the vesting and settlement of a performance share award, and 14,411 shares were withheld to cover related tax obligations. This amended Form 4 corrects the originally reported acquired and tax-withheld share amounts, with no other changes to the prior filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Freedman Lori
Role
Chief Admin. and Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 43,212 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 14,411 | $3.84 | $55K |
Holdings After Transaction:
Class A Common Stock — 1,038,054 shares (Direct)
Footnotes (1)
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FAQ
What does Organogenesis (ORGO) insider Lori Freedman report in this amended Form 4?
Lori Freedman reports updated figures for a performance share award vesting. She shows 43,212 Class A common shares acquired at no cost and 14,411 shares withheld for taxes. The amendment only corrects these share counts from a prior Form 4 filing.
Why was Lori Freedman’s Form 4 for Organogenesis (ORGO) amended?
The Form 4 was amended to correct the number of shares acquired and the number withheld for taxes from a performance share award. The filing states no other changes were made to the original report, focusing solely on these corrected share amounts.
Does the Organogenesis (ORGO) Form 4/A indicate any open-market buying or selling?
The Form 4/A shows a grant of 43,212 shares and a tax-withholding disposition of 14,411 shares, not open-market trades. The disposition is specifically described as payment of tax liability by delivering securities, rather than a voluntary buy or sell on the open market.