Orthopediatrics (KIDS) 10% Owner David Pelizzon Sells 302,369 Shares
$KIDS · ORTHOPEDIATRICS CORPResearch Summary
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Orthopediatrics (KIDS) 10% Owner David Pelizzon Sells 302,369 Shares
What Happened
David R. Pelizzon, listed as a 10% owner of Orthopediatrics Corp (KIDS), disposed of 302,369 shares on 2026-09-10 in an open-market/private sale. The weighted-average price was $21.01, for total proceeds of approximately $6,352,773. The filing indicates the sale was executed by Squadron Capital LLC.
Key Details
- Transaction date: 2026-09-10. Transaction code: S (sale).
- Quantity and value: 302,369 shares sold; weighted-average price $21.01; total ~$6,352,773.
- Price range: shares sold in multiple trades at $21.00 to $21.69 (reporting person will provide breakdown on request).
- Shares ownership after transaction: not specified in the provided filing excerpt.
- Notable footnotes:
- F1: Sale undertaken by Squadron Capital LLC to provide capital for other portfolio businesses.
- F3: Shares are held by Squadron; Pelizzon is President and a managing member and may be deemed a beneficial owner but disclaims beneficial ownership except for any pecuniary interest.
- F4: Filing references restricted stock awards totaling 17,959 shares (included in holdings).
- Filing timeliness: Reported and filed with a period of report dated 2026-09-10 (appears timely).
Context
This is a sale by a reported 10% owner through an investment vehicle (Squadron Capital LLC), not necessarily an executive personal trade. Footnotes clarify the sale funded other portfolio companies and that Pelizzon disclaims beneficial ownership beyond pecuniary interest. As with most insider sales, this is factual reporting of proceeds and does not by itself indicate company performance or management intent.