OSI Systems Director James B. Hawkins Tenders 144 Shares for Tax Withholding

What Happened James B. Hawkins, a director of OSI Systems, tendered 144 shares on 2026-08-14 at $228.56 per share (total value about $32,913) to satisfy tax withholding obligations related to an option exercise. The filing reports these shares as a disposition, but the company notes this was a net share settlement to cover taxes rather than an open‑market sale.

Key Details

• Transaction date: 2026-08-14; reported in a Form 4 filed 2026-08-17 (filing marked late).
• Reported price and value: 144 shares at $228.56 each; total ~$32,913.
• Transaction code: F — shares tendered for tax withholding (net settlement), not a sale.
• Ownership correction: Filing adjusts previously reported beneficial ownership by reducing 15 shares that were inadvertently omitted from earlier reports; this correction is not the result of a new transaction.
• The filing indicates no open‑market sale of shares occurred; shares were surrendered to cover withholding.

Context This was a tax‑withholding/net settlement following an option exercise rather than a deliberate sale in the market. Such transactions are administrative and do not necessarily signal a view on the company’s prospects. The Form 4 was filed late, which is a reporting timeliness issue but does not by itself indicate anything about the underlying transaction.