Director at Organogenesis (ORGO) receives 48,828 restricted stock units
Rhea-AI Filing Summary
Organogenesis Holdings Inc. director Garrett Lustig reported an equity award from the company. He acquired 48,828 shares of Class A common stock through a grant of restricted stock units (RSUs) at a price of $0.00 per share, bringing his direct holdings to 125,742 shares.
Each RSU represents the right to receive one share of Organogenesis Class A common stock upon vesting. According to the grant terms, all of these RSUs vest in full on February 15, 2027, aligning Lustig’s compensation with the company’s long-term performance.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 48,828 shares
Net Buy
1 txn
Insider
Lustig Garrett
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 48,828 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 125,742 shares (Direct)
Footnotes (1)
- F1. Represents a grant of restricted stock units ("RSUs") under the Organogenesis Holdings Inc. ("Organogenesis") 2018 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the unit, one share of Organogenesis Class A common stock. The RSUs vest in full on February 15, 2027.
FAQ
What insider transaction did Organogenesis (ORGO) director Garrett Lustig report?
Garrett Lustig reported receiving an equity award from Organogenesis. He was granted 48,828 restricted stock units, each convertible into one share of Class A common stock, increasing his direct holdings to 125,742 shares after the award was recorded.
What are the vesting terms of Garrett Lustig’s Organogenesis (ORGO) RSU grant?
The restricted stock units granted to Garrett Lustig vest in full on February 15, 2027. Each RSU represents a contingent right to receive one share of Organogenesis Class A common stock once vested, tying the award’s value to future company performance and time-based service.
What type of security was reported in Garrett Lustig’s Organogenesis (ORGO) Form 4?
The Form 4 reports Class A common stock linked to a restricted stock unit grant. Each RSU entitles Lustig to receive one share of Organogenesis Class A common stock upon vesting, as described in the equity award’s footnote disclosure.
Was Garrett Lustig’s Organogenesis (ORGO) equity award a market purchase or a grant?
The transaction was a grant, not a market purchase. Form 4 shows transaction code “A” for a grant, award, or other acquisition, with 48,828 restricted stock units awarded at $0.00 per share under the company’s 2018 Equity Incentive Plan.
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