OSI Systems (NASDAQ: OSIS) director covers taxes without open-market sale
Rhea-AI Filing Summary
OSI Systems director Gerald M. Chizever reported a Form 4 entry showing that on August 14, 2026, 141 shares of common stock were disposed of at an indicated price of $228.56 per share. According to the disclosure, these shares were tendered in a net settlement to satisfy tax withholding obligations, and no shares were sold into the market. Following this tax-withholding transaction, Chizever held 2,914 OSI Systems shares directly and 7,621 shares indirectly through The G&C Chizever Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 141 shares
Net Sell
2 txns
Insider
CHIZEVER GERALD M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 141 | $228.56 | $32K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,914 shares (Direct);
Common Stock — 7,621 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 tendered for tax withholding: 141 shares
Per-share value for tax withholding: $228.56 per share
Direct holdings after transaction: 2,914 shares
+2 more
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Shares tendered for tax withholding
141 shares
Common Stock, transaction on 2026-08-14 to satisfy tax withholding
Per-share value for tax withholding
$228.56 per share
Indicated price used in the 141-share net-settlement transaction
Direct holdings after transaction
2,914 shares
Total OSIS common shares directly owned by Chizever after 2026-08-14
Indirect holdings via family trust
7,621 shares
OSIS common shares held by The G&C Chizever Family Trust
Exercise-price-or-tax-liability transactions
1 transaction; 141 shares
Summary of Form 4 code F activity for tax withholding
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": "7621.0000", "direct_or_indirect": "I""
Family Trust financial
"held by The G&C Chizever Family Trust. Gerald and Caroline"
FAQ
What did OSIS director Gerald M. Chizever report on this Form 4 filing?
Chizever reported that 141 OSIS shares were disposed of on August 14, 2026 to cover tax withholding via net settlement. The filing specifies that no shares were sold on the open market as part of this transaction.
Was Gerald M. Chizever’s OSIS tax-withholding transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not marked, so this transaction is not affirmatively reported as made pursuant to a 10b5-1 trading plan. It is characterized specifically as a net settlement for tax withholding on equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.