Bertrand John D. 4
Research Summary
AI-generated summary
OraSure (OSUR) Director John D. Bertrand Receives 33,661-Share Award
What Happened
John D. Bertrand, a director of OraSure Technologies, Inc. (OSUR), received a grant of 33,661 restricted common shares on May 12, 2026. The shares were awarded at $0.00 per share (no cash paid) under the OraSure Technologies, Inc. Stock Award Plan. This is an equity award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: May 12, 2026; reported on Form 4 filed May 14, 2026 (timely within the 2-business-day window).
- Price: $0.00 per share; total reported value $0.
- Vesting: Cliff vesting on May 12, 2028; vesting ceases immediately if Bertrand voluntarily leaves the Board. (Footnote F1)
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing accession: 0001470831-26-000442.
Context
Restricted share awards to directors are typically compensation for service and vest over time; they do not represent an open-market purchase that signals immediate bullish conviction. For investors, such grants can modestly dilute existing shareholders over time but are routine for board compensation.