Organogenesis (ORGO) VP uses 700 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Organogenesis Holdings Inc. vice president of strategy Robert Cavorsi reported a tax-related share transfer. On this transaction, 700 shares of Class A common stock were disposed of at $3.21 per share to cover tax withholding obligations, leaving him with 275,524 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cavorsi Robert
Role
Vice President, Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 700 | $3.21 | $2K |
Holdings After Transaction:
Class A Common Stock — 275,524 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Organogenesis (ORGO) report for Robert Cavorsi?
Organogenesis vice president of strategy Robert Cavorsi disposed of 700 Class A common shares to cover tax withholding. The shares were transferred at $3.21 each as part of a tax-liability settlement, not an open-market buy or sell transaction.
Was Robert Cavorsi’s Organogenesis (ORGO) transaction a normal buy or sell?
The transaction was not a standard buy or sell; it was a tax-withholding disposition. Shares were delivered to satisfy tax liabilities tied to equity awards, categorized as a Form F code event rather than an open-market purchase or sale.
What does a tax-withholding disposition mean for Organogenesis (ORGO) insiders?
A tax-withholding disposition means an insider delivers shares to cover tax owed on equity compensation. Instead of paying cash, the insider uses a portion of their shares, reducing their holdings by that amount while settling the related tax obligation.