STOCK TITAN

OSI Systems (NASDAQ: OSIS) awards 1,491 performance-based RSUs

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Morben Paul Keith reported acquisition or exercise transactions in this Form 4 filing.

OSI Systems executive Paul Keith Morben received a grant of 1,491 restricted stock units of common stock on July 31, 2026, under the company’s Amended and Restated 2012 Incentive Award Plan. Vesting and the final share amount depend on performance targets. After this grant and a 122-share ownership correction, he directly beneficially owns 10,303 shares.

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Insider Morben Paul Keith
Role PRES., OPTOELECTRONICS DIV
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 1,491 $221.39 $330K
Holdings After Transaction: Common Stock — 10,303 shares (Direct)
Footnotes (2)
  1. F1. Shares are restricted stock units issued to the Reporting Person pursuant to the OSI Systems, Inc. Amended and Restated 2012 Incentive Award Plan. Vesting and amount of shares are subject to achievement of performance targets.
  2. F2. The amount of securities beneficially owned following the reported transaction has been adjusted to reflect the addition of 122 shares that were inadvertently omitted from prior ownership reports. This adjustment corrects the reporting of the Reporting Person's beneficial ownership and does not result from a current transaction.
Restricted stock units granted 1,491 shares Grant on 2026-07-31 to Paul Keith Morben
Grant reference price $221.39 per share Value referenced for the 1,491 restricted stock units
Direct holdings after transaction 10,303 shares Shares beneficially owned by Paul Keith Morben following reported grant and correction
Ownership correction 122 shares Adjustment for shares inadvertently omitted from prior ownership reports
restricted stock units financial
"Shares are restricted stock units issued to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated 2012 Incentive Award Plan financial
"pursuant to the OSI Systems, Inc. Amended and Restated 2012 Incentive Award Plan"
performance targets financial
"Vesting and amount of shares are subject to achievement of performance targets"
beneficially owned financial
"The amount of securities beneficially owned following the reported transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What equity award did OSI Systems (OSIS) report for Paul Keith Morben?

Paul Keith Morben received a grant of 1,491 restricted stock units of OSI Systems common stock on July 31, 2026. The award was issued under the Amended and Restated 2012 Incentive Award Plan and is subject to performance-based vesting conditions.

How do the 1,491 OSIS restricted stock units vest for Paul Keith Morben?

The 1,491 units are restricted stock units whose vesting and ultimate share amount depend on achieving specified performance targets. If performance conditions are not met, some or all of the units may not vest, tying this award to future company results.

How many OSIS shares does Paul Keith Morben own after the reported transaction?

Following the reported stock unit grant and an ownership correction, Paul Keith Morben beneficially owns 10,303 shares of OSI Systems common stock directly. This figure includes the addition of 122 shares that had been inadvertently omitted from earlier ownership reports.

What is the significance of the 122-share correction for OSIS (OSIS) ownership reporting?

The 122-share change reflects a correction to previously understated beneficial ownership, not a new transaction. It adjusts Morben’s reported holdings to include shares that were inadvertently omitted in prior reports, clarifying but not altering any current-period trading activity.

Was this OSIS (OSIS) insider transaction a market purchase or a compensatory award?

The transaction is a grant or award of restricted stock units, coded as an acquisition rather than a market purchase. It represents equity compensation under the company’s 2012 Incentive Award Plan, not an open-market buy or sell of existing shares.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Morben Paul Keith

(Last)(First)(Middle)
12525 CHADRON AVE.

(Street)
HAWTHORNE CALIFORNIA 90250

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OSI SYSTEMS INC [ OSIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
PRES., OPTOELECTRONICS DIV
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/31/2026A1,491(1)A$221.3910,303(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares are restricted stock units issued to the Reporting Person pursuant to the OSI Systems, Inc. Amended and Restated 2012 Incentive Award Plan. Vesting and amount of shares are subject to achievement of performance targets.
2. The amount of securities beneficially owned following the reported transaction has been adjusted to reflect the addition of 122 shares that were inadvertently omitted from prior ownership reports. This adjustment corrects the reporting of the Reporting Person's beneficial ownership and does not result from a current transaction.
/s/ Paul Keith Morben08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)