Organogenesis (ORGO) CEO receives major RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Organogenesis Holdings Inc. reported that President and CEO Gary S. Gillheeney received equity awards and related share settlements. He was granted 890,625 restricted stock units that vest in equal annual installments over four years beginning February 15, 2026. He also received 186,968 shares of Class A common stock upon vesting and settlement of a 2025 performance share award tied to performance milestones. To cover tax obligations, 90,398 shares were disposed of at $3.84 per share. In addition, he was granted stock options for 507,795 shares, which become exercisable in equal annual installments over four years beginning February 15, 2026, bringing his directly held Class A shares to 4,231,112 and option holdings to 507,795.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Gillheeney Gary S.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 507,795 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 890,625 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 186,968 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 90,398 | $3.84 | $347K |
Holdings After Transaction:
Stock Option (Right to Buy) — 507,795 shares (Direct);
Class A Common Stock — 4,134,542 shares (Direct)
Footnotes (1)
- 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. Shares issued pursuant to the vesting and settlement of a performance share award granted in 2025 based on the achievement of certain performance milestones. The option becomes exercisable in equal annual installments over four years beginning February 15, 2026.
FAQ
What equity awards did Organogenesis (ORGO) CEO Gary Gillheeney receive?
Gary Gillheeney received 890,625 restricted stock units and 507,795 stock options. The RSUs and options both vest in equal annual installments over four years beginning on February 15, 2026, aligning his compensation with longer-term company performance.
When do Gary Gillheeney’s new Organogenesis (ORGO) RSUs vest?
The 890,625 restricted stock units vest in four equal annual installments. Vesting begins on February 15, 2026, meaning one-quarter of the units convert into Class A common shares each year over the four-year period.
When do the new Organogenesis (ORGO) stock options granted to the CEO become exercisable?
The 507,795 stock options become exercisable in equal annual installments over four years. The first installment vests on February 15, 2026, with additional installments vesting on each of the next three yearly anniversaries.