OSI Systems exec granted 287 RSUs, adjusts stake
OSI Systems Inc. (OSIS) reported that officer Michael Tropeano, President of Rapiscan Systems, received a grant of 287 shares of Common Stock on August 24, 2026, as RSUs issued pursuant to performance-based vesting.
Rhea-AI Filing Summary
OSI Systems Inc. (OSIS) reported that officer Michael Tropeano, President of Rapiscan Systems, received a grant of 287 shares of Common Stock on August 24, 2026, as RSUs issued pursuant to performance-based vesting. On the same date, 99 shares were disposed of via net share settlement to cover tax withholding, with no shares sold into the market. The beneficial-ownership balance was also adjusted to correct an earlier 466-share omission, which did not arise from a new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 188 shares
Net Buy
2 txns
Insider
Tropeano Michael
Role
PRESIDENT, RAPISCAN SYSTEMS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 287 | $206.73 | $59K |
| Tax Withholding | Common Stock F3 | 99 | $206.73 | $20K |
Holdings After Transaction:
Common Stock — 5,003 shares (Direct)
Footnotes (3)
- F1. RSUs are issued pursuant to performance based vestings.
- F2. The amount of securities beneficially owned following the reported transaction has been adjusted to reflect the reduction of 466 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.
- F3. Pursuant with a net settlement, shares of stock were tendered to pay for the tax withholding. No shares of stock were sold.
Key Figures
RSU grant shares: 287 shares of Common Stock
Grant price per share: $206.73 per share
Shares tendered for tax withholding: 99 shares of Common Stock
+2 more
5 metrics
RSU grant shares
287 shares of Common Stock
Grant/award acquisition on August 24, 2026 at $206.73 per share
Grant price per share
$206.73 per share
Price associated with 287-share RSU-related acquisition on August 24, 2026
Shares tendered for tax withholding
99 shares of Common Stock
Net settlement to pay tax withholding on August 24, 2026 at $206.73 per share
Tax withholding reference price
$206.73 per share
Used for 99-share tax-withholding disposition on August 24, 2026
Beneficial ownership correction
466 shares
Reduction in previously reported beneficial ownership to correct prior reports
Key Terms
RSUs, performance based vestings, net settlement, beneficially owned, +1 more
5 terms
RSUs financial
"RSUs are issued pursuant to performance based vestings."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
performance based vestings financial
"RSUs are issued pursuant to performance based vestings."
net settlement financial
"Pursuant with a net settlement, shares of stock were tendered"
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.
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.
FAQ
What equity award did OSIS officer Michael Tropeano receive according to this Form 4?
Michael Tropeano received a grant of 287 shares of OSIS Common Stock on August 24, 2026. The footnotes state these RSUs are issued pursuant to performance-based vesting, meaning the award is tied to achieving performance criteria.
What correction to prior beneficial ownership reporting was disclosed for OSIS?
The filing discloses that the beneficial-ownership amount was adjusted to reflect a reduction of 466 shares that were inadvertently omitted from prior ownership reports. This correction does not result from a current transaction.
Are the RSUs reported for OSIS tied to performance conditions?
Yes. A footnote states that the RSUs are issued pursuant to performance based vestings, indicating the award vests based on performance criteria rather than solely on time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
