4Filed Aug 16, 8:00 PM ET
OSI Systems Director Gerald Chizever Withholds 141 Shares for Taxes
$OSIS · OSI SYSTEMS INCResearch Summary
AI-generated summary of this SEC filing
OSI Systems Director Gerald Chizever Withholds 141 Shares for Taxes
What Happened
- Gerald M. Chizever, a director of OSI Systems, tendered 141 shares of OSIS common stock to satisfy tax withholding obligations tied to an equity transaction. The per-share value reported was $228.56, for a total value of $32,227.
- Although the Form 4 shows a disposition of 141 shares, the filing’s footnote clarifies this was a net settlement for tax withholding—no open-market sale of shares occurred.
Key Details
- Transaction date: 2026-08-14; Filing date (Form 4): 2026-08-17.
- Price reported: $228.56 per share; Total value: $32,227.
- Shares owned after transaction: not specified in the supplied details (the filing lists trust holdings; see footnote).
- Footnotes: F1 — net settlement: shares were tendered to pay tax withholding, no shares sold; F2 — shares are held by The G&C Chizever Family Trust (Gerald & Caroline Chizever, Trustees).
- No late-filing indicator provided in the information supplied.
Context
- This was a tax-withholding/net-settlement action (code F on Form 4), common when options or other awards vest. It’s not an open-market sale and doesn’t necessarily signal insider sentiment.
- For retail investors: tax-withholding disposals are routine administrative transactions and generally carry less informational weight than outright purchases or voluntary sales.