ORASURE TECHNOLOGIES INC·4

May 14, 8:54 PM ET

Bertrand John D. 4

Research Summary

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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.