Orthopediatrics (KIDS) 10% Owner Squadron Capital Sells 302,369 Shares

What Happened

• Squadron Capital LLC, a 10% owner of Orthopediatrics Corp (KIDS), sold 302,369 shares in an open-market/private sale on 2026-09-10. The filing reports a weighted-average price of $21.01, with total proceeds of about $6,352,773. This is a sale (liquidation for capital), not a purchase.

Key Details

• Transaction date: 2026-09-10; Form 4 filed 2026-09-11 (filed next day).
• Price: weighted average $21.01; individual trades ranged from $21.00 to $21.69 (per footnote).
• Shares sold: 302,369; proceeds ≈ $6,352,773.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes of note:
  • F1: Sale undertaken to provide additional capital for Squadron’s other portfolio businesses.
  • F2: Price is a weighted average; seller can provide breakdown of quantities at each price upon request.
  • F3: Securities are held directly by Squadron Capital LLC; Squadron Capital Holdings LLC is the controlling member.
• Filing timeliness: appears timely (filed the next day); not marked late.

Context

• This is institutional selling by a 10% owner, not an executive insider—often reflects portfolio-level liquidity needs rather than a view on company fundamentals. The filing provides a reason (capital for other portfolio companies) and a price range across multiple trades.