[Form 4] Orthofix Medical Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maniar Shweta reported acquisition or exercise transactions in this Form 4 filing.
Orthofix Medical Inc. director Shweta Maniar received an award of 14,965 deferred stock units of common stock at no purchase price as equity compensation. The units vest in full on the first anniversary of the grant date, conditioned on continued service. Each unit represents a contingent right to receive one share of common stock, which will be delivered within 45 days after her service with the company ends. Following this grant, she holds a total of 69,038 deferred stock units, including 48,347 units that were previously reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maniar Shweta
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,965 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 69,038 shares (Direct, null)
Footnotes (1)
- Represents an award of deferred stock units that vest in full on the first anniversary of the grant date, subject to the reporting person's service through such date. Each deferred stock unit represents a contingent right to receive one share of common stock of the issuer. Vested deferred stock units will settle and convert into common stock within 45 days of the reporting person's termination of service with the issuer. Includes 48,347 previously reported deferred stock units.
Key Figures
Deferred stock units granted: 14,965 units
Total deferred stock units after grant: 69,038 units
Previously reported deferred stock units: 48,347 units
+3 more
6 metrics
Deferred stock units granted
14,965 units
Award of deferred stock units to director on grant date
Total deferred stock units after grant
69,038 units
Holdings following reported transaction
Previously reported deferred stock units
48,347 units
Included within total post-transaction holdings
Grant price per unit
$0.00 per unit
Compensation award, no purchase price
Vesting schedule
First anniversary of grant date
Units vest in full after one year of service
Settlement timing
Within 45 days
Settlement into common stock after termination of service
Key Terms
deferred stock units, vest, contingent right
3 terms
deferred stock units financial
"Represents an award of deferred stock units that vest in full on the first anniversary of the grant date"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
vest financial
"deferred stock units that vest in full on the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each deferred stock unit represents a contingent right to receive one share of common stock"