OSI Systems (NASDAQ: OSIS) director tenders shares to cover taxes
Rhea-AI Filing Summary
OSI Systems director James B. Hawkins reported a Form 4 transaction involving company common stock. On August 14, 2026, 144 shares were withheld and tendered in a net settlement to pay tax withholding obligations at an indicated value of $228.56 per share; the footnote states that no shares were sold in the market. Following this event and an adjustment for 15 previously omitted shares, Hawkins is reported as beneficially owning 5,385 shares of OSI Systems common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 144 shares
Net Sell
1 txn
Insider
HAWKINS JAMES B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 144 | $228.56 | $33K |
Holdings After Transaction:
Common Stock — 5,385 shares (Direct)
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. The amount of securities beneficially owned following the reported transaction has been adjusted to reflect the reduction of 15 shares that were inadvertently omitted from prior ownership reports. This adjustment corrects the reporting of the Reporting Person's beneficial ownership and does not result from a current transaction.
Key Figures
Shares withheld for tax: 144 shares
Per-share value for withholding: $228.56 per share
Post-transaction holdings: 5,385 shares
+2 more
5 metrics
Shares withheld for tax
144 shares
Shares tendered in a net settlement to pay tax withholding on August 14, 2026
Per-share value for withholding
$228.56 per share
Indicated value used for the 144 shares withheld under transaction code F
Post-transaction holdings
5,385 shares
Common stock beneficially owned by James B. Hawkins following the reported transaction
Ownership correction
15 shares
Additional shares added to beneficial ownership to correct prior reports
Tax-liability-related shares
144 shares
Total shares delivered or withheld for payment of tax liability as summarized in filing
Key Terms
net settlement, tax withholding, beneficially owned
3 terms
net settlement financial
"Pursuant with a net settlement, shares of stock were tendered"
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.
beneficially owned financial
"The amount of securities beneficially owned following the reported transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What transaction did OSIS director James B. Hawkins report on this Form 4?
James B. Hawkins reported that 144 OSIS shares were withheld in a net settlement on August 14, 2026 to pay tax withholding obligations. The filing specifies that no shares were sold in the market as part of this transaction.
What correction to prior OSIS ownership reports is disclosed in this Form 4?
The filing discloses that Hawkins’ beneficial ownership has been adjusted to include 15 shares that were inadvertently omitted from earlier reports. The footnote clarifies this correction does not result from a current transaction but from revising previously reported ownership.
Was the OSIS Form 4 transaction by James B. Hawkins under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox is not marked as affirmative for this filing. The transaction is reported as a tax-withholding event (code F), and there is no footnote indicating that it occurred pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.