Tax withholding uses OSI Systems (OSIS) shares as director keeps stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OSI Systems director Bernard Kelli reported a small share disposition related to taxes rather than a market trade. On the transaction date, 202 shares of Common Stock were tendered at $221.76 per share to cover tax withholding under a net settlement arrangement. A footnote clarifies that no shares were sold on the open market. After this tax-withholding disposition, Kelli directly holds 10,210 shares of OSI Systems common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bernard Kelli
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 202 | $221.76 | $45K |
Holdings After Transaction:
Common Stock — 10,210 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares tendered for tax withholding: 202 shares
Price per share: $221.76 per share
Shares held after transaction: 10,210 shares
3 metrics
Shares tendered for tax withholding
202 shares
Tax-withholding disposition of Common Stock
Price per share
$221.76 per share
Value used for the 202-share tax withholding
Shares held after transaction
10,210 shares
Direct ownership following tax-withholding disposition
Key Terms
tax-withholding disposition, net settlement, Common Stock, Form 4
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" and code description referencing tax liability"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
net settlement financial
"Footnote: "Pursuant with a net settlement, shares of stock were tendered""
Common Stock financial
"transaction security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"Insider filing data (Form 4) description for this transaction"
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 did OSI Systems (OSIS) director Bernard Kelli report in this Form 4?
Director Bernard Kelli reported a tax-related share disposition, where 202 OSI Systems common shares were tendered to cover withholding obligations. The filing specifies this was a net settlement for taxes, not an open-market sale, and his remaining direct holdings are 10,210 shares.
What does transaction code F mean in Bernard Kelli’s OSI Systems (OSIS) Form 4?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to cover exercise price or tax liabilities. In this case, 202 shares were used to satisfy tax withholding under a net settlement, rather than being voluntarily bought or sold in the open market.