4Filed Aug 24, 8:00 PM ET
OSI Systems (OSIS) CFO Edrick Alan Receives RSU Award
$OSIS · OSI SYSTEMS INCResearch Summary
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OSI Systems (OSIS) CFO Edrick Alan Receives RSU Award
What Happened
- Edrick Alan I, EVP & CFO of OSI Systems (OSIS), was granted 21,871 performance-based restricted stock units (RSUs) on 2026-08-24 at an indicated value of $206.73 per share, totaling $4,521,392.
- To satisfy tax withholding, 19,377 of those shares were tendered as a net settlement (disposition) at the same per-share value, amounting to $4,005,807. No shares were sold on the open market; the tender was for tax withholding only.
- Net shares retained from this vesting event: 2,494 RSUs (21,871 granted minus 19,377 tendered). This is an award/vesting event rather than a purchase or intentional sale.
Key Details
- Transaction date: 2026-08-24; filing date: 2026-08-25 (filed the next day).
- Grant (A): 21,871 RSUs @ $206.73 = $4,521,392.
- Tax withholding (F/net settlement): 19,377 shares tendered @ $206.73 = $4,005,807. Footnote clarifies no open-market sale.
- Footnotes: F1 — RSUs are performance-based; F2 — shares were tendered pursuant to a net settlement to pay withholding taxes (no shares sold).
- Shares owned after transaction: not disclosed in the filing.
Context
- This was a vesting/award of performance RSUs, not a market purchase or voluntary sale. The tender of shares to cover taxes is a routine administrative step (cashless/net settlement) and should not be read as a market-driven sale.
- Purchases typically signal a stronger bullish signal than awards or withholding-related dispositions; this filing primarily reflects compensation vesting and tax settlement.