CFO Alan Edrick receives 8,514 RSUs at OSI Systems (OSIS)
Rhea-AI Filing Summary
EDRICK ALAN I reported acquisition or exercise transactions in this Form 4 filing.
OSI Systems granted EVP & CFO Alan I. Edrick 8,514 restricted stock units of common stock at a grant-date value of $221.39 per share. The award was issued under the Amended and Restated 2012 Incentive Award Plan, is subject to performance targets, and brings his direct holdings to 304,044 shares.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 8,514 shares
Net Buy
1 txn
Insider
EDRICK ALAN I
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 8,514 | $221.39 | $1.88M |
Holdings After Transaction:
Common Stock — 304,044 shares (Direct)
Footnotes (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.
Key Figures
RSUs granted: 8,514 shares
Grant value per share: $221.39 per share
Shares held after award: 304,044 shares
3 metrics
RSUs granted
8,514 shares
Restricted stock units of common stock granted to EVP & CFO Alan I. Edrick
Grant value per share
$221.39 per share
Grant-date value for the RSU award
Shares held after award
304,044 shares
Direct common stock holdings following the RSU grant
Key Terms
restricted stock units, Incentive Award Plan, performance targets
3 terms
restricted stock units financial
"Shares are restricted stock units issued to the Reporting Person"
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.
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.
performance targets financial
"Vesting and amount of shares are subject to achievement of performance targets."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did OSIS grant to CFO Alan I. Edrick?
OSI Systems granted EVP & CFO Alan I. Edrick 8,514 restricted stock units of common stock at a value of $221.39 per share. The grant is performance-based and increases his direct holdings to 304,044 shares of OSI Systems common stock.
What type of securities did OSIS report granting to its CFO on this Form 4?
OSI Systems reported granting its CFO restricted stock units (RSUs) representing 8,514 shares of common stock. These RSUs were issued under the Amended and Restated 2012 Incentive Award Plan and vest based on achievement of specified performance targets rather than time alone.
Is the OSIS CFO’s new equity award time-based or performance-based?
The RSU grant to the OSIS CFO is performance-based. The filing states that vesting and the ultimate number of shares delivered are subject to achievement of performance targets under the Amended and Restated 2012 Incentive Award Plan.
Did the OSIS Form 4 report a market purchase or a compensation grant?
The Form 4 reports a compensation grant, not a market purchase. Alan I. Edrick acquired 8,514 restricted stock units coded as a grant/award under transaction code “A,” reflecting an equity award issued under the company’s 2012 Incentive Award Plan.