Orthofix Medical Inc.·4

Mar 6, 4:17 PM ET

Fisher Patrick 4

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Orthofix (OFIX) President Patrick Fisher Sells 1,536 Shares

What Happened
Patrick Fisher, President, Global Limb Recon at Orthofix Medical Inc. (OFIX), sold a total of 1,536 shares in two open-market sell-to-cover transactions to satisfy tax withholding related to the settlement of restricted stock units. He sold 778 shares on 2026-03-04 at a weighted-average price of $12.92 (≈ $10,049) and 758 shares on 2026-03-05 at a weighted-average price of $12.55 (≈ $9,514), for combined proceeds of about $19,563. These were sales (not purchases) and are described as routine tax-withholding transactions rather than discretionary trades.

Key Details

  • Transaction dates/prices: 2026-03-04 — 778 sh @ $12.92 (weighted avg; prices ranged $12.80–$13.03 per filing); 2026-03-05 — 758 sh @ $12.55 (weighted avg; prices ranged $12.48–$12.72).
  • Total shares sold: 1,536; approximate total proceeds: $19,563.
  • Purpose/footnote: Sales made to satisfy tax withholding on RSU settlement pursuant to a pre-existing sell-to-cover requirement approved by the Compensation and Talent Development Committee; sale made without the reporting person’s discretion (Footnote F1).
  • Holdings: Filing references 41,134 previously reported restricted stock units (Footnote F3). The filing did not provide a separate post-transaction total common-stock ownership in the materials provided here.
  • Filing date/timeliness: Form 4 filed 2026-03-06 (reporting period includes 2026-03-04); filing appears timely (within required reporting window).

Context
Sell-to-cover transactions are common when RSUs vest — the company requires some shares to be sold to cover taxes; these are generally considered administrative/routine and not a directional signal about the executive’s view on the stock. This filing reports ordinary tax-withholding sales rather than discretionary open-market selling under a trading plan.