Organogenesis (ORGO) CCO receives stock awards, with shares withheld for taxes
Rhea-AI Filing Summary
Organogenesis Holdings Inc. reported that Chief Commercial Officer Brian Grow received new equity awards and had shares withheld for taxes. He was granted a stock option for 133,630 shares with no exercise price shown here; the option vests in equal annual installments over four years beginning February 15, 2026.
Grow also acquired 234,375 shares and 48,330 shares of Class A common stock as equity awards, tied to restricted stock units and a performance share award that vest over time based on service and performance. In connection with the vesting of the performance award, 11,768 shares were disposed of at $3.84 per share to satisfy tax withholding obligations, leaving him with 899,355 shares of Class A common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 133,630 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 234,375 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 48,330 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 11,768 | $3.84 | $45K |
Footnotes (3)
- 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 equal annual installments over four years beginning February 15, 2026.
- F2. Shares issued pursuant to the vesting and settlement of a performance share award granted in 2025 based on the achievement of certain performance milestones.
- F3. The option becomes exercisable in equal annual installments over four years beginning February 15, 2026.
FAQ
What did Organogenesis (ORGO) disclose about Brian Grow’s new stock option grant?
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