Director Deepak Chopra sells 20,000 OSI Systems (OSIS) shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OSI Systems director Deepak Chopra sold 20,000 shares of common stock in an open-market transaction at a weighted average price of $281.84 per share on May 4, 2026. The sale was made pursuant to his Rule 10b5-1 Plan adopted on March 12, 2025.
Following this transaction, Chopra directly holds 253,044 shares of OSI Systems common stock. The sale was executed in multiple trades at prices ranging from $278.52 to $284.76, with the reported price reflecting the weighted average of those trades.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($5,636,800)
Net Sell
1 txn
Insider
CHOPRA DEEPAK
Role
null
Sold
20,000 shs ($5.64M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $281.84 | $5.64M |
Holdings After Transaction:
Common Stock — 253,044 shares (Direct, null)
Footnotes (1)
- Pursuant to the Reporting Owner's Rule 10b5-1 Plan adopted March 12, 2025. This transaction was executed in multiple trades at prices ranging from $278.52 to $284.76. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and price at which the transaction was effected.
Key Figures
Shares sold: 20,000 shares
Weighted average sale price: $281.84 per share
Post-transaction holdings: 253,044 shares
+3 more
6 metrics
Shares sold
20,000 shares
Common stock sold on May 4, 2026
Weighted average sale price
$281.84 per share
Open-market sale of common stock
Post-transaction holdings
253,044 shares
Shares directly owned after the sale
Sale price range
$278.52–$284.76 per share
Range of prices for multiple trade executions
Transaction code
Code S (sale)
Non-derivative open-market sale of common stock
10b5-1 plan adoption date
March 12, 2025
Pre-arranged trading plan governing the sale
Key Terms
Rule 10b5-1 Plan, open-market sale, weighted average sales price, Form 4
4 terms
Rule 10b5-1 Plan regulatory
"Pursuant to the Reporting Owner's Rule 10b5-1 Plan adopted March 12, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sales price financial
"The price reported above reflects the weighted average sales price."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did OSI Systems (OSIS) report for Deepak Chopra?
OSI Systems director Deepak Chopra sold 20,000 shares of common stock in an open-market transaction. The weighted average sale price was $281.84 per share, and the trades occurred on May 4, 2026 under a pre-arranged Rule 10b5-1 plan.
What type of transaction code appears in Deepak Chopra’s OSI Systems (OSIS) Form 4?
The Form 4 lists transaction code “S,” indicating a sale in an open market or private transaction. The filing classifies this as a non-derivative transaction in OSI Systems common stock, covering 20,000 shares sold on May 4, 2026.