Bertrand John D. 4
Research Summary
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OraSure (OSUR) Director John D. Bertrand Receives 46,106-Share Award
What Happened John D. Bertrand, a director of OraSure Technologies, was granted 46,106 restricted shares on June 3, 2026. The Form 4 lists the acquisition price as $0.00 (award/grant), so the filing shows $0 as the transaction cash value; any market value is not reported on the Form 4. This was an equity award (not a purchase or sale) issued under the company's Stock Award Plan.
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (appears timely under the two-business-day rule).
- Award: 46,106 restricted shares; reported acquisition price: $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnote: Shares are restricted and vest in full upon the earlier of (i) June 3, 2027, or (ii) immediately prior to the Company’s 2027 Annual Meeting of Stockholders. Vesting stops if Bertrand voluntarily leaves the Board.
- Transaction code on the Form 4: A (award/grant).
Context Restricted share awards are a form of compensation and retention, not an open-market purchase or sale. They don’t necessarily signal immediate insider buying or selling intent; instead they reflect board compensation/retention policy and vesting conditions.