4Filed Aug 31, 8:00 PM ET
OrthoPediatrics (KIDS) 10% Owner Squadron Capital Sells Shares
$KIDS · ORTHOPEDIATRICS CORPResearch Summary
AI-generated summary of this SEC filing
OrthoPediatrics (KIDS) 10% Owner Squadron Capital Sells Shares
What Happened
- Squadron Capital LLC, a reported 10% owner of OrthoPediatrics (ticker: KIDS), sold a total of 336,831 shares in two open-market transactions. On 2026-08-28 it disposed of 326,700 shares at a reported weighted-average price of $23.04 (reporting value $7,527,168). On 2026-09-01 it disposed of 10,131 shares at a reported weighted-average price of $23.10 (reporting value $234,026). Combined proceeds reported are approximately $7,761,194. These were outright sales (not purchases).
Key Details
- Transaction dates and prices:
- 2026-08-28: 326,700 shares sold, weighted avg $23.04 (range reported: $23.00–$23.82). (Footnotes F2)
- 2026-09-01: 10,131 shares sold, weighted avg $23.10 (range reported: $23.00–$23.58). (Footnote F4)
- Purpose: Filing notes the sales were undertaken to provide additional capital for Squadron Capital’s other portfolio businesses. (Footnote F1)
- Ownership and control: The securities are held directly by Squadron Capital LLC; Squadron Capital Holdings LLC is the controlling member. (Footnote F3)
- Shares owned after the transaction: Not specified in the information provided in this summary (not disclosed here).
- Filing timeliness: Report filed 2026-09-01 covering transactions on 2026-08-28 and 2026-09-01; based on those dates the Form 4 appears to have been filed within the usual two-business-day window (no late filing indicated).
Context
- Squadron Capital is an institutional 10% owner, not an individual executive—these sales represent institutional portfolio reallocation/capital needs rather than an executive signaling personal views. The filing’s footnotes indicate multiple trade prices within reported ranges; the weighted-average prices are shown on the Form 4 and the reporting person can provide a breakdown on request.