OSI Systems (OSIS) Director Gerald Chizever Withholds 88 Shares for Taxes

What Happened

• Gerald M. Chizever, a director of OSI Systems, reported a net share withholding on 2026-08-20 to cover tax obligations tied to an equity award/option event.
• 88 shares were tendered at $220.92 per share, representing $19,441. The filing notes this was a net settlement for tax withholding—not an open-market sale.

Key Details

• Transaction date: 2026-08-20; reported on SEC Form 4 on 2026-08-21.
• Price per share: $220.92; shares tendered/ disposed: 88; total value ≈ $19,441.
• Shares owned after transaction: not specified in the provided excerpt (see full Form 4 for holdings).
• Footnotes: F1 — net settlement; no shares were sold on the open market. F2 — some shares are held by The G&C Chizever Family Trust (Gerald and Caroline Chizever, Trustees).
• Filing timeliness: reported the next day (not indicated as late).

Context

• This transaction is a tax-withholding event (transaction code F) commonly seen after option exercises or vesting; the company withheld/tendered shares to satisfy tax liabilities rather than selling shares on the open market.
• Such withholding is routine and does not necessarily signal insider sentiment about the stock.