Organogenesis director receives 48,828 RSUs
Organogenesis Holdings Inc. director Michael Joseph Driscoll received an equity grant in the form of restricted stock units (RSUs) covering 48,828 shares of Class A common stock.
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Rhea-AI Filing Summary
Organogenesis Holdings Inc. director Michael Joseph Driscoll received an equity grant in the form of restricted stock units (RSUs) covering 48,828 shares of Class A common stock. The award was granted at no cash cost per share and represents a compensation-related acquisition, not an open-market purchase.
Each RSU converts into one share of Class A common stock upon vesting. The RSUs vest in full on February 15, 2027, meaning Driscoll will receive the underlying shares only if the vesting conditions are satisfied. Following this grant, his directly held Class A share balance reported in this filing is 215,707 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 48,828 | $0.00 | $0.00 |
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
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What did Organogenesis (ORGO) director Michael Driscoll report on this Form 4?
How many Organogenesis (ORGO) RSUs were granted to Michael Driscoll?
When do Michael Driscoll’s Organogenesis (ORGO) RSUs vest?
What plan governs Michael Driscoll’s Organogenesis (ORGO) RSU award?
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