Tax-withholding share sales by Orthofix (OFIX) CP&BOO Lucas Vitale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orthofix Medical Inc. executive Lucas Vitale, listed as CP&BOO, reported selling a total of 2,312 shares of common stock in two open-market transactions on March 4 and March 5, 2026. The shares were sold at weighted average prices of $12.9163 and $12.5508 per share.
According to a footnote, these sales were made solely to satisfy tax withholding obligations tied to the settlement of restricted stock units under a pre-existing, committee-mandated sell-to-cover requirement, with no discretion exercised by Vitale. After these transactions, he held 164,718 shares and restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,312 shares ($29,445)
Net Sell
2 txns
Insider
Vitale Lucas
Role
CP&BOO
Sold
2,312 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,141 | $12.5508 | $14K |
| Sale | Common Stock | 1,171 | $12.9163 | $15K |
Holdings After Transaction:
Common Stock — 164,718 shares (Direct)
Footnotes (1)
- Represents the number of shares of common stock sold to satisfy tax withholding obligations in connection with the settlement of restricted stock units, pursuant to a pre-existing sell-to-cover requirement previously approved and mandated by the Compensation and Talent Development Committee of the Company's Board of Directors (the administrator of the plan pursuant to which such restricted stock units were granted). Such sale was made without the exercise of any discretion by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.80 to $13.03, inclusive. The reporting person undertakes to provide to Orthofix Medical Inc., any security holder of Orthofix Medical Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) to this Form 4. Includes 138,173 previously reported restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.48 to $12.72, inclusive.
FAQ
What insider transactions did Orthofix (OFIX) report for Lucas Vitale?
Orthofix reported that executive Lucas Vitale sold 2,312 common shares. The Form 4 shows two open-market sales on March 4 and March 5, 2026, executed to cover tax withholding obligations related to restricted stock unit settlements under a pre-approved sell-to-cover requirement.
What role does Lucas Vitale hold at Orthofix (OFIX) in this Form 4?
The Form 4 identifies Lucas Vitale as an officer with the title “CP&BOO.” He is not listed as a director or 10% owner in the filing, and the reported transactions involve his directly held common stock used for tax withholding obligations.