OSI Systems (NASDAQ: OSIS) director withholds 166 shares to cover tax liability
Rhea-AI Filing Summary
OSI Systems director Gerald M. Chizever reported a tax-withholding transaction involving 166 shares of common stock on July 28, 2026. The shares were withheld at $217.30 per share to cover tax liabilities, and no shares were sold in the market. After this, he holds 3,265 shares directly and 7,411 shares indirectly through The G&C Chizever Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 166 shares
Net Sell
2 txns
Insider
CHIZEVER GERALD M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 166 | $217.30 | $36K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,265 shares (Direct);
Common Stock — 7,411 shares (Indirect, See Footnote)
Footnotes (2)
- F1. Pursuant with a net settlement, shares of stock were tendered to pay for the tax withholding. No shares of stock were sold.
- F2. Consists of shares of common stock held by The G&C Chizever Family Trust. Gerald and Caroline Chizever Trustees.
Key Figures
Shares withheld for taxes: 166 shares
Withholding price per share: $217.30 per share
Direct holdings after transaction: 3,265 shares
+1 more
4 metrics
Shares withheld for taxes
166 shares
Common stock tendered in net settlement for tax withholding on July 28, 2026
Withholding price per share
$217.30 per share
Value applied to the 166 withheld shares used to satisfy tax liability
Direct holdings after transaction
3,265 shares
Common stock held directly by Gerald M. Chizever following the tax-withholding disposition
Indirect holdings via family trust
7,411 shares
Common stock held indirectly through The G&C Chizever Family Trust with Gerald and Caroline Chizever as trustees
Key Terms
net settlement, tax withholding, indirect, Family Trust
4 terms
net settlement financial
"Pursuant with a net settlement, shares of stock were tendered to pay"
tax withholding financial
"shares of stock were tendered to pay for the tax withholding"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
indirect financial
"total_shares_following_transaction": "7411.0000", "direct_or_indirect": "I""
Family Trust financial
"held by The G&C Chizever Family Trust. Gerald and Caroline Chizever Trustees"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did OSIS director Gerald M. Chizever report?
Gerald M. Chizever reported a tax-withholding disposition of 166 shares of OSI Systems common stock. The shares were withheld at $217.30 per share to satisfy tax obligations, and a footnote clarifies that no shares were sold in the market.
Was the OSIS insider Form 4 transaction an open-market sale?
No. The Form 4 states the 166 shares were tendered in a net settlement to pay tax withholding. A footnote explicitly notes that no shares of stock were sold, distinguishing this from an open-market sale transaction.
What indirect OSIS holdings are reported for Gerald M. Chizever?
The filing reports 7,411 shares of OSI Systems common stock held indirectly through The G&C Chizever Family Trust. A footnote explains these shares are held by the trust, with Gerald and Caroline Chizever serving as trustees.
Was the OSIS insider transaction under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is not marked as an affirmative plan in this filing. The transaction is identified instead as a tax-withholding disposition, with shares tendered to satisfy tax obligations rather than sold under a preset plan.