Vitale Lucas 4
Research Summary
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Orthofix (OFIX) CP&BOO Lucas Vitale Sells 4,269 Shares
What Happened Lucas Vitale, listed as CP&BOO of Orthofix Medical Inc. (OFIX), disposed of 4,269 shares on 2026-03-17 at $11.92 per share, generating proceeds of $50,886. The transaction was a sale to satisfy tax withholding related to the settlement of restricted stock units (RSUs).
Key Details
- Transaction date & price: 2026-03-17, 4,269 shares at $11.92 each (total $50,886).
- Transaction type: Sale (sell-to-cover to satisfy tax withholding upon RSU settlement).
- Footnote F1: Sale made to satisfy tax withholding pursuant to a pre-existing sell-to-cover requirement approved by the Compensation and Talent Development Committee; sale made without the reporting person’s exercise of discretion.
- Footnote F2: Reporting of beneficial ownership includes 127,256 previously reported restricted stock units.
- Filing timeliness: Form filed 2026-03-19 for a 2026-03-17 transaction; filing marked late (L).
Context Sell-to-cover transactions are routine mechanisms to cover tax obligations when RSUs vest and do not necessarily indicate a change in an insider’s view of the company. This report reflects disposition of vested RSUs rather than a discretionary open-market sale for investment reasons.