OSI Systems CAO Cary Okawa Receives 908 RSU Award (460 Tendered)

What Happened

• Cary M. Okawa, Chief Accounting Officer of OSI Systems (OSIS), received a performance-based restricted stock unit (RSU) award of 908 shares that vested on Aug 24, 2026. The filing values the award at $206.73 per share, total ~$187,711.
• To satisfy tax withholding, 460 of the vested shares were tendered (reported as code F) at the same $206.73 per share, representing ~$95,096. Net shares delivered to Okawa after withholding: 908 − 460 = 448 shares (net value ≈ $92,615).
• This was an award/vesting event (not an open-market purchase or sale); the withholding was a net settlement, not a public sale.

Key Details

• Transaction date: 2026-08-24; Form 4 filed: 2026-08-26 (appears timely — within the standard two business days).
• Price used for valuation/withholding: $206.73 per share.
• Awarded: 908 RSUs (performance-based per footnote F1). Withheld/tendered for taxes: 460 shares via net settlement (footnote F2 states no shares were sold).
• Shares owned after transaction: not disclosed in the provided filing.

Context

• These were performance-based RSUs that vested; the tax withholding was handled via net settlement (company retains a portion of the vested shares to cover taxes), which is routine for equity compensation.
• Because no shares were sold on the open market, this transaction shouldn’t be read as a directional buy/sell signal by the insider — it reflects compensation vesting and standard tax withholding procedures.