OSI Systems (NASDAQ: OSIS) awards 1,491 performance-based RSUs
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 Trade Summary
Net Buyer: 1,491 shares
Net Buy
1 txn
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)
- 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.
- 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.
Key Figures
Restricted stock units granted: 1,491 shares
Grant reference price: $221.39 per share
Direct holdings after transaction: 10,303 shares
+1 more
4 metrics
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
Key Terms
restricted stock units, Amended and Restated 2012 Incentive Award Plan, performance targets, beneficially owned
4 terms
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.
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.
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.