OSIS Form 4: Director Bernard Kelli Tenders 126 Shares at $236.05
Rhea-AI Filing Summary
Bernard Kelli, a director of OSI Systems, Inc. (OSIS), reported a transaction dated 08/14/2025 in which 126 shares of the company's common stock were tendered as part of a net settlement to cover tax withholding obligations; no shares were sold. Following the withholding, Mr. Kelli beneficially owns 9,629 shares directly. The transaction price per share for the withholding is reported as $236.05. The Form 4 is filed as an individual report by one reporting person and is signed on 08/15/2025.
Positive
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Insights
TL;DR: Routine tax-withholding share tender by a director; no open-market sale and small change in beneficial ownership.
The Form 4 discloses a net settlement where 126 shares were tendered to satisfy tax withholding at $236.05 per share, leaving 9,629 shares beneficially owned directly by the reporting director. This is a non-derivative, internal administrative transaction rather than an exercise or market disposition. For investors, the transaction does not change outstanding share count materially or indicate directional insider trading.
TL;DR: Administrative compliance filing reflecting tax withholding; standard insider reporting with no governance red flags.
The filing identifies Bernard Kelli as a director and shows the transaction was executed via net settlement to cover taxes, explicitly stating that no shares were sold. The timely Form 4 and manual signature satisfy Section 16 reporting requirements. There are no indications of related-party transfers, new grants, or changes in control from the disclosed information.
FAQ
What did OSIS director Bernard Kelli report on Form 4?
How many OSIS shares does Bernard Kelli own after the transaction?
At what price were the tendered OSIS shares recorded for tax withholding?
Was this Form 4 filed jointly or by one reporting person?
Does the Form 4 indicate any shares were sold on the open market?