Marmora Lelio 4

What Happened

Lelio Marmora, a director of OraSure Technologies, had 28,406 shares withheld to satisfy the tax liability from the vesting of restricted stock. The withholding was recorded as a disposition (transaction code F) at an implied price of $3.02 per share for a total value of about $85,786. This was not an open-market sale but a tax-withholding event tied to vesting.

Key Details

• Transaction date: 2026-05-13; Form filed: 2026-05-14 (timely filing).
• Withheld shares: 28,406 at $3.02 per share; total value ≈ $85,786.
• Transaction code: F (withholding to pay tax liability).
• Footnote: F1 — shares were withheld to pay the tax liability associated with vesting of restricted shares.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context

Share withholding to cover taxes is a routine administrative action when restricted shares vest and does not indicate an open-market sale or new insider buying interest. For retail investors, these transactions generally reflect tax mechanics rather than a change in the insider’s view of the company.