Hartley Lindsey Marie 4

What Happened

• Hartley Lindsey Marie, Chief Financial Officer of Axogen, received performance- and time-based equity on Feb 26, 2026. The filing shows 17,453 shares delivered (vested PSUs/RSUs) at $0.00, 6,630 shares withheld to satisfy tax withholding at $31.90 per share (total value withheld = $211,497), and an additional 23,000 restricted stock units/PSUs granted (derivative award) recorded at $0.00.

Key Details

• Transaction dates and prices: Feb 26, 2026. Delivered/vested shares recorded at $0.00; 6,630 shares withheld at $31.90/share (withheld value $211,497). New derivative award: 23,000 RSU/PSUs at $0.00.
• Type of activity: Awards/grants (A) and tax withholding (F). The withheld shares represent tax remittance, not an open-market sale (per footnote F2).
• Vesting/conditions: The 17,453 shares vested upon attainment and certification of performance criteria (footnote F1). Each RSU represents a contingent right to one share (F3). The newly granted RSUs will fully vest Feb 26, 2030 under a schedule: 50% on Feb 26, 2028, then 25% each subsequent year (F4).
• Shares owned after transaction: Not specified in the provided filing details.
• Timeliness: Report filed Feb 27, 2026 for transactions on Feb 26, 2026 — appears timely (Form 4s are generally due within two business days).

Context

• These transactions are primarily equity compensation: performance-based units vested and additional restricted units were granted. The withholding of 6,630 shares was a tax withholding/net settlement; it does not indicate an open-market sale by the insider. Awards and vesting are common executive compensation events and do not by themselves indicate buying or selling sentiment.