Boyd Steven Kyle 4

What Happened
Steven Boyd, a director of OraSure Technologies, received a grant of 5,246 restricted shares on 2026-03-26 at $3.10 per share (reported value $16,249). Concurrently, 1,416 shares were withheld to cover the tax liability associated with the vesting (reported value $4,386). Net increase to his position from the transaction: 3,830 shares with a net reported value of $11,863.

Key Details

• Transaction date: 2026-03-26 (Form 4 filed 2026-03-30; filing appears timely).
• Grant (code A): 5,246 restricted shares @ $3.10 — $16,249 reported.
• Withholding (code F): 1,416 shares withheld @ $3.10 — $4,386 reported (to pay taxes).
• Net shares retained: 3,830 (5,246 granted − 1,416 withheld); net reported value: $11,863.
• Shares owned after transaction: not disclosed in this Form 4.
• Footnotes: F1 — restricted shares granted under the stock award plan with immediate vesting; shares issued in lieu of cash director fees. F2 — withholding of shares to satisfy tax withholding obligations.
• Transaction codes explained: A = Award/Grant; F = Tax withholding (disposition to pay taxes).

Context
This was an award of restricted stock that vested immediately and was issued in lieu of cash director compensation — a routine, non-market acquisition. The withholding of shares is a standard tax-coverage mechanism and should not be read as an open-market sale. As always, awards to directors are informative about compensation but do not necessarily indicate the director’s view of company valuation.