Form 4: Victor Sze Vesting and Net Settlement at $225.19 Per Share
Rhea-AI Filing Summary
Victor S. Sze, General Counsel of OSI Systems, reported equity changes on 08/26/2025 related to compensation awards. He received 22,449 restricted stock units that vested under performance-based terms and, through a net settlement to cover taxes, 20,118 shares were tendered (not sold) at an indicated price of $225.19 per share. After these transactions he directly beneficially owns 87,174 shares and indirectly holds 5,639 shares through a trust, for total reported beneficial ownership shown on the form. The filing is a routine Section 16 disclosure documenting compensation vesting and tax withholding by tendered shares.
Positive
- 22,449 RSUs vested, indicating compensation tied to performance metrics
- No open-market sale reported; shares were tendered solely for tax withholding via net settlement
Negative
- 20,118 shares tendered reduced direct share count, lowering reported direct ownership from 107,292 to 87,174
Insights
TL;DR: Routine insider disclosure showing performance-based RSU vesting and tax withholding via net settlement; no sale proceeds reported.
The Form 4 documents compensation-related equity vesting: 22,449 RSUs vested and 20,118 shares were tendered to satisfy tax withholding under a net settlement rather than being sold on the open market. This maintains executive alignment with shareholders by converting compensation into equity while minimizing dilution from a company perspective. The reporting person retains direct ownership of 87,174 shares and indirect ownership of 5,639 shares through a trust. These are standard practices for executive compensation and tax compliance and do not indicate portfolio rebalancing or monetization activities.
TL;DR: Filing is a routine Section 16 disclosure reflecting vested RSUs and a net settlement for tax withholding; no insider selling was reported.
The transaction codes and footnotes clarify that the RSUs were performance-based and that shares were tendered to cover withholding obligations (net settlement), explicitly noting that no shares were sold. The filing is properly signed and dated 08/28/2025 and lists the reporter as an officer (General Counsel). From a compliance perspective the disclosure appears complete for the reported events, with direct and indirect holdings disclosed and explanatory footnotes provided.