Orthopediatrics (KIDS) 10% Owner David R. Pelizzon Sells 22,500 Shares

What Happened David R. Pelizzon, reported as a 10% owner, sold 22,500 shares of Orthopediatrics Corp (KIDS) in a transaction reported on the Form 4. The shares were disposed at a weighted average price of $23.35, generating gross proceeds of approximately $525,375. The filing indicates the sale was undertaken by Squadron Capital LLC to provide additional capital for other portfolio businesses.

Key Details

• Transaction date: 2026-09-02; Form 4 filed: 2026-09-04 (no late filing indicated).
• Transaction type: Sale (code S); reported as open market or private sale and executed by Squadron Capital LLC.
• Price: weighted average $23.35; reported sale prices ranged from $23.01 to $23.74.
• Shares sold: 22,500; gross proceeds ≈ $525,375.
• Shares owned after transaction: not specified in the excerpt; filing notes include 17,959 restricted stock awards.
• Beneficial ownership note: the sold shares are held by Squadron Capital LLC. Pelizzon is President and a member of its Managing Committee and may be deemed to have beneficial ownership, but he expressly disclaims beneficial ownership except for his pecuniary interest.

Context This filing reflects a sale by an entity-associated 10% owner (institutional-level position via Squadron Capital) rather than a typical executive purchase signal. Footnotes explain the sale funded other portfolio businesses and provide a price range for multiple executions; the reporting person disclaims direct beneficial ownership beyond economic interest. Sales can be routine liquidity or portfolio management and do not by themselves indicate company prospects.