Tax withholding leaves OraSure (NASDAQ: OSUR) director with 102,354 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OraSure Technologies director Lelio Marmora reported a routine share disposition related to taxes, not an open-market trade. On the vesting of restricted shares, 28,406 common shares were withheld at $3.02 per share to cover associated tax liabilities.
After this tax-withholding disposition, Marmora directly holds 102,354 shares of OraSure Technologies common stock. This type of transaction is compensation-related and does not represent a discretionary purchase or sale in the open market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marmora Lelio
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 28,406 | $3.02 | $86K |
Holdings After Transaction:
Common Stock — 102,354 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 28,406 shares
Withholding price per share: $3.02 per share
Shares held after transaction: 102,354 shares
+1 more
4 metrics
Shares withheld for taxes
28,406 shares
Withholding to pay tax liability on vesting of restricted shares
Withholding price per share
$3.02 per share
Value used for tax-withholding disposition
Shares held after transaction
102,354 shares
Direct OraSure common stock ownership following tax withholding
Transaction code
Code F
Payment of tax liability by delivering or withholding securities
Key Terms
restricted shares, tax-withholding disposition, Form 4
3 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did OraSure Technologies (OSUR) director Lelio Marmora report?
Director Lelio Marmora reported a tax-withholding disposition of 28,406 OraSure common shares. The shares were withheld to pay taxes triggered by vesting of restricted stock, rather than sold in an open-market transaction.
Was the OraSure (OSUR) insider transaction an open-market sale or a tax event?
The transaction was a tax event, not an open-market sale. Shares were withheld to satisfy tax obligations from vesting restricted shares, classified as a tax-withholding disposition under transaction code F on the Form 4.
What does transaction code F mean in the OraSure (OSUR) Form 4 filing?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 28,406 shares were withheld to cover taxes due upon vesting of restricted shares, rather than being sold on the market.