OSI Systems Form 4: Director Net-Settles Shares at $236.05, Holdings 5,641
Rhea-AI Filing Summary
Insider transaction summary: James B. Hawkins, a director of OSI Systems, tendered shares on 08/14/2025 to satisfy tax withholding related to an equity award. The filing reports no open-market sale; instead, shares were net-settled under a plan, with a reported transaction code of F 144(1) D at a price of $236.05 per share. After the net settlement, Mr. Hawkins beneficially owns 5,641 shares directly. The filing is a routine Section 16 disclosure documenting the reduction in his beneficial holdings due solely to tax withholding.
Positive
- Timely Section 16 disclosure documenting the insider transaction
- No open-market sale; shares were net-settled to satisfy tax withholding
- Remaining direct beneficial ownership of 5,641 shares is explicitly reported
Negative
- Reduction in beneficial holdings due to tax withholding (shares tendered)
- Transaction reduces insider share count, which marginally lowers alignment with shareholders
Insights
TL;DR: Routine net-settlement of equity for tax withholding reduced director holdings; transaction appears non-dispositive market activity.
The Form 4 shows a single non-derivative entry where shares were tendered to satisfy tax withholding obligations arising from equity compensation. The use of a net settlement (no open-market sale) indicates the company or plan administratively withheld shares rather than the insider selling into the market. The reported price of $236.05 is the per-share withholding valuation used. This disclosure is immaterial to company operations and reflects normal executive compensation mechanics.
TL;DR: Compliance filing documents expected tax-related share withholding by a director; governance controls appear functioning.
The filing records that James B. Hawkins, a director, reduced his direct beneficial ownership via net share settlement to cover taxes. The clear explanation in the form and the manual signature indicate adherence to Section 16 reporting requirements. There is no indication of additional disposals, pledges, or plan changes. This is a routine disclosure consistent with standard equity compensation administration.