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OSI Systems (NASDAQ: OSIS) grants 1,694 performance-based RSUs to president

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Form Type
4

Rhea-AI Filing Summary

Tropeano Michael reported acquisition or exercise transactions in this Form 4 filing.

OSI Systems, Inc. granted executive Michael Tropeano 1,694 restricted stock units of Common Stock on 2026-07-31 at a reported price of $221.39 per share under its Amended and Restated 2012 Incentive Award Plan. Vesting and the ultimate share amount are subject to performance targets, and his direct holdings increased to 5,281 shares.

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Insider Tropeano Michael
Role PRESIDENT, RAPISCAN SYSTEMS
Type Security Shares Price Value
Grant/Award Common Stock F1 1,694 $221.39 $375K
Holdings After Transaction: Common Stock — 5,281 shares (Direct)
Footnotes (1)
  1. F1. Shares are restricted stock units issued to the Reporting Person pursuant to the OSI Systems, Inc. Amended and Restated 2012 Incentive Award Plan. Vesting and amount of shares are subject to achievement of performance targets.
Restricted stock units granted 1,694 shares Common Stock RSUs granted to Michael Tropeano on 2026-07-31
Reported price per share $221.39 Per-share value reported for the RSU grant of Common Stock
Shares held after grant 5,281 shares Direct OSI Systems Common Stock holdings following the reported transaction
restricted stock units financial
"Shares are restricted stock units issued to the Reporting Person pursuant to the plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance targets financial
"Vesting and amount of shares are subject to achievement of performance targets"
Incentive Award Plan financial
"pursuant to the OSI Systems, Inc. Amended and Restated 2012 Incentive Award Plan"
An incentive award plan is a formal program that rewards employees, executives, or directors with cash, stock, options, or other pay when the company meets set goals or performance targets. Like a sales commission or a loyalty program that pays out when you hit milestones, it’s designed to align staff behavior with company objectives; investors care because it affects a company’s costs, share count (dilution), leadership incentives, and long-term value creation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did OSI Systems (OSIS) executive Michael Tropeano report?

Michael Tropeano reported a grant of 1,694 restricted stock units of OSI Systems Common Stock on 2026-07-31. The award was reported at $221.39 per share and was issued under the company’s Amended and Restated 2012 Incentive Award Plan.

What type of OSI Systems (OSIS) equity did Michael Tropeano receive?

He received restricted stock units tied to OSI Systems Common Stock. According to the disclosure, vesting and the final number of shares deliverable are subject to achievement of performance targets under the company’s 2012 Incentive Award Plan.

How many OSI Systems (OSIS) shares does Michael Tropeano hold after this grant?

After the reported transaction, Michael Tropeano directly holds 5,281 shares of OSI Systems Common Stock. This figure reflects his position following the 1,694-unit restricted stock award reported in this insider filing.

Was Michael Tropeano’s OSI Systems (OSIS) grant made under a Rule 10b5-1 trading plan?

The Rule 10b5-1 checkbox is not marked as affirming a trading plan, indicating the transaction was not reported as being made pursuant to a Rule 10b5-1 pre-arranged trading arrangement in this instance.

Under which plan were the OSI Systems (OSIS) restricted stock units granted to Michael Tropeano?

The restricted stock units were issued under the OSI Systems, Inc. Amended and Restated 2012 Incentive Award Plan. The filing notes that both vesting and the number of shares depend on achieving specified performance targets.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tropeano Michael

(Last)(First)(Middle)
12525 CHADRON AVE.

(Street)
HAWTHORNE CALIFORNIA 90250

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OSI SYSTEMS INC [ OSIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
PRESIDENT, RAPISCAN SYSTEMS
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/31/2026A1,694(1)A$221.395,281D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares are restricted stock units issued to the Reporting Person pursuant to the OSI Systems, Inc. Amended and Restated 2012 Incentive Award Plan. Vesting and amount of shares are subject to achievement of performance targets.
/s/ Michael Tropeano08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)