Equity grant gives Organogenesis (ORGO) director 48,828 RSUs vesting 2027
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Driscoll Michael Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 48,828 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 215,707 shares (Direct)
Footnotes (1)
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FAQ
What did Organogenesis (ORGO) director Michael Driscoll report on this Form 4?
Michael Driscoll reported receiving a grant of 48,828 restricted stock units of Organogenesis Class A common stock. The grant is compensation under the company’s 2018 Equity Incentive Plan rather than an open-market stock purchase or sale.
How many Organogenesis (ORGO) RSUs were granted to Michael Driscoll?
Michael Driscoll was granted 48,828 restricted stock units of Organogenesis Class A common stock. Each unit represents the contingent right to receive one share when it vests, providing equity-based compensation instead of immediate cash.
When do Michael Driscoll’s Organogenesis (ORGO) RSUs vest?
The restricted stock units granted to Michael Driscoll vest in full on February 15, 2027. At that time, each vested unit converts into one share of Organogenesis Class A common stock, assuming he satisfies any applicable vesting conditions.
What plan governs Michael Driscoll’s Organogenesis (ORGO) RSU award?
The award was granted under the Organogenesis Holdings Inc. 2018 Equity Incentive Plan. This plan provides stock-based compensation such as restricted stock units, aligning director compensation with long-term shareholder interests through equity rather than only cash.