Research Summary
AI-generated summary of this SEC filing
Artivion (AORT) CCO John E. Davis Sells 2,784 Shares
What Happened
John E. Davis, Chief Commercial Officer of Artivion (AORT), sold 2,784 shares on 2026-03-02 at $38.02 per share, generating proceeds of $105,861. The transaction is a sale (not a purchase) and was executed as a sell-to-cover related to vested restricted stock units.
Key Details
- Transaction date: 2026-03-02; filing date: 2026-03-03 (timely filing).
- Price: $38.02 per share; Shares sold: 2,784; Total proceeds: $105,861.
- Shares owned after transaction: Not specified in the provided filing excerpt — see the full Form 4 for post-transaction beneficial ownership.
- Footnote: Sale was to satisfy tax withholding on vested RSUs (a sell-to-cover) and "does not represent a discretionary transaction."
- Transaction code: S = Sale; this was not reported as part of a 10b5-1 plan in the provided excerpt.
Context
This was a routine sell-to-cover tied to the vesting of restricted stock units to pay taxes, which companies commonly execute and which the filer notes was non-discretionary. Such transactions are generally administrative and do not necessarily signal insider sentiment about the company's prospects.