Bailey David R 4

What Happened

• David R. Bailey, President, CEO and a director of Orthopediatrics Corp (ticker: KIDS), sold 19,535 shares on 2026-03-16 at $17.25 per share, generating proceeds of about $336,979. The sale was an open-market or private sale reported on a Form 4 filed 2026-03-17.
• This was a sale to satisfy tax withholding obligations related to the vesting of restricted shares, not an independent purchase (sales like this are typically routine for tax withholding).

Key Details

• Transaction date: 2026-03-16; filing date: 2026-03-17 (filed the next business day — appears timely).
• Price and amount: 19,535 shares at $17.25 per share; proceeds ≈ $336,979.
• Reason: Footnote F1 states shares were sold to satisfy tax withholding upon vesting of restricted shares.
• Holdings note: Footnote F2 indicates the reported holdings include restricted stock awards totaling 187,891 shares. The total post-transaction beneficial ownership amount is not specified in the provided summary.
• Transaction code: S = Sale; F = tax withholding (per footnote).

Context

• This sale was a tax-withholding sale tied to restricted stock vesting, a common administrative transaction that does not necessarily indicate a view on the company’s prospects. For retail investors, purchases are usually more informative about insider sentiment than routine withholding sales.