Cedron Jorge Andres 4

What Happened
Cedron Jorge Andres, the Chief Legal Officer (CLO) of Orthofix Medical Inc. (OFIX), sold 3,743 shares on 2026-04-16 at $12.82 per share for proceeds of $47,985. The sale was made to satisfy tax withholding obligations in connection with the settlement of restricted stock units (RSUs) and was executed pursuant to a pre-existing sell-to-cover arrangement; the reporting person did not exercise discretion in the sale.

Key Details

• Transaction date: 2026-04-16; Sale price: $12.82 per share; Shares sold: 3,743; Gross proceeds: $47,985.
• Transaction type/code: Sale (S) — open market or private sale.
• Purpose: Tax withholding on RSU settlement (sell-to-cover), per footnote F1; sale mandated by plan administrator.
• Footnote F2: Notes inclusion of 44,353 previously reported restricted stock units in the reported ownership disclosure.
• Filing: Form 4 filed 2026-04-20 for the 2026-04-16 transaction — appears timely (filed within required reporting window).
• Shares owned after the transaction: not specified in the provided excerpt; F2 indicates previously reported RSUs are included in beneficial ownership.

Context
Sell-to-cover transactions are routine tax-withholding sales tied to RSU settlements and generally reflect required tax handling rather than a discretionary view on the company. Sales (code S) are common for tax or liquidity reasons; purchases are typically considered more informative about insider sentiment. This filing documents a routine, non-discretionary sell-to-cover sale by the CLO.