Hartley Lindsey Marie 4

What Happened

• Hartley Lindsey Marie, Chief Financial Officer of Axogen, had 17,500 restricted stock units (RSUs) vest on February 22, 2026. The vesting converted the RSUs into shares (award/acquisition).
• To satisfy tax withholding, 6,704 of the newly vested shares were withheld by the issuer at a reported per-share value of $35.38, totaling $237,188. That leaves a net delivery of 10,796 shares to the reporting person.
• The filing shows the vesting tranche as an award/derivative transaction (code A) and the share withholding for taxes (code F). No open‑market sale occurred.

Key Details

• Transaction date(s): 2026-02-22; Form filed 2026-02-24 (appears timely).
• Vested shares: 17,500; Shares withheld for taxes: 6,704 at $35.38/share = $237,188.
• Net shares issued to insider: 10,796 (17,500 vested − 6,704 withheld).
• Footnotes: Includes 2,281 shares acquired under the Axogen Employee Stock Purchase Plan on 12/31/2025 (F1). F2 clarifies no shares were sold — withholding was for tax liability. F3 notes each RSU converts to one share. F4 shows this 17,500 tranche represents the 50% vesting milestone (Feb 22, 2026) under a four‑year schedule — implying an original RSU grant of ~35,000 shares that will fully vest by Feb 22, 2028.
• Shares owned after the transaction: Not specified in the filing.

Context

• This was a routine RSU vesting with shares withheld to cover taxes (common “cashless” withholding), not an open‑market sale or purchase. Such withholding is standard and does not, by itself, indicate insider sentiment about the stock.