Hite Fred 4

What Happened Fred Hite, COO, CFO and a director of OrthopeDiatrics (KIDS), had 77,405 shares reported as granted/issued on 2026-03-15 (acquired at $0.00, i.e., restricted stock award/vesting). On 2026-03-16 he sold 12,993 shares in an open-market transaction at $17.25 per share, generating $224,129. The sale was used to satisfy tax-withholding obligations tied to the vesting of the restricted shares.

Key Details

• Transactions:
  • 2026-03-15 — Award/Grant (A): 77,405 shares @ $0.00 (acquired)
  • 2026-03-16 — Open market sale (S): 12,993 shares @ $17.25 — proceeds $224,129
• Footnotes:
  • F1: Sale was to satisfy tax withholding upon vesting of restricted shares.
  • F2: Filing notes/includes restricted stock awards totaling 197,765 shares.
• Shares owned after transaction: Not specified in the provided filing text; filing notes restricted awards of 197,765 shares.
• Filing/timeliness: Form 4 filed 2026-03-17 for transactions on 2026-03-15–03-16 — appears timely (filed within required reporting window).

Context This sequence (restricted-stock vesting followed by a small sale to cover taxes) is routine and common when awards vest; it does not necessarily indicate a broader sell-off or change in insider sentiment. Awards (A) are not market purchases — they reflect compensation/vesting. Sales marked as tax withholding (F) generally reflect tax obligations rather than discretionary cashing out.