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
- None.
Negative
- None.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 126 | $236.05 | $30K |
Footnotes (1)
- [object Object]