Director at OraSure (NASDAQ: OSUR) receives 46,106 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boyd Steven Kyle reported acquisition or exercise transactions in this Form 4 filing.
OraSure Technologies director Steven Kyle Boyd received a grant of 46,106 shares of common stock as a restricted stock award. The shares were granted at no cash cost to him and are part of the OraSure Technologies, Inc. Stock Award Plan.
These restricted shares will vest in full on the earlier of June 3, 2027, or immediately before the start of the company’s 2027 Annual Meeting of Stockholders, as long as he continues to serve on the Board. If he voluntarily leaves the Board before that time, vesting stops immediately. After this grant, Boyd directly holds 159,568 OraSure shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boyd Steven Kyle
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 46,106 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 159,568 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 46,106 shares
Grant price per share: $0.00 per share
Shares held after grant: 159,568 shares
+2 more
5 metrics
Restricted shares granted
46,106 shares
Grant of restricted common stock on June 3, 2026
Grant price per share
$0.00 per share
Reported transaction price for restricted share award
Shares held after grant
159,568 shares
Total direct OraSure common stock holdings post-transaction
Vesting date trigger
June 3, 2027
Full vesting if still serving on Board on this date
Alternative vesting trigger
Company’s 2027 Annual Meeting
Vests immediately prior to commencement of the 2027 meeting
Key Terms
restricted shares, Stock Award Plan, vest in full, Annual Meeting of Stockholders, +1 more
5 terms
Stock Award Plan financial
"Grant of restricted shares under the OraSure Technologies, Inc. Stock Award Plan"
A stock award plan is a company program that gives employees, executives or board members shares or the right to shares as part of their pay, usually becoming theirs over time or when certain goals are met. Investors care because these awards can change how many shares exist (dilution), signal how management is being motivated, and affect future earnings per share—think of it as paying staff with future slices of the company’s pie to align incentives.
vest in full financial
"which shall vest in full upon the earlier of (i) June 3, 2027"
Annual Meeting of Stockholders financial
"immediately prior to the commencement of the Company's 2027 Annual Meeting of Stockholders"
Board of Directors financial
"if the named individual voluntarily ceases to serve as a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did OraSure Technologies (OSUR) report for Steven Kyle Boyd?
OraSure Technologies reported that director Steven Kyle Boyd received a grant of 46,106 restricted shares of common stock. The award was made at no cash cost under the company’s Stock Award Plan and increased his direct holdings to 159,568 shares.
Is the OSUR Form 4 transaction a stock purchase or a compensation grant?
The OSUR Form 4 shows a compensation grant, not a market purchase. Steven Kyle Boyd was awarded 46,106 restricted shares with a reported price of $0.00 per share under the company’s Stock Award Plan as part of his director compensation.