Borgstrom Marna P 4/A
Research Summary
AI-generated summary
Artivion (AORT) Director Marna Borgstrom Receives Restricted Stock Award
What Happened
- Marna P. Borgstrom, a director of Artivion, was granted 7,576 shares of restricted stock on May 18, 2026. The award was reported at $0.00 per share (a grant), so no cash was paid. The restricted stock award vests on May 18, 2027 under the company’s Equity and Cash Incentive Plan.
Key Details
- Transaction type: Award/Grant (code A)
- Transaction date: 2026-05-18; Form 4 filed (amended) 2026-05-20 (Accession 0001628280-26-037028)
- Shares granted: 7,576; Price: $0.00; Implied cash value at grant: $0
- Shares beneficially owned after transaction: 56,664 (as corrected)
- Footnote F1: This Form 4 is an amendment correcting the originally reported transaction date, number of shares granted and owned, and vesting date (originally reported as May 14, 2026; 7,850 shares; vesting May 14, 2027; owned 56,938)
- Footnote F2: RSA vests on May 18, 2027 per the Equity and Cash Incentive Plan
Context
- Restricted stock awards are time-based grants that vest in the future and do not represent an immediate purchase or sale of stock; they are a common form of director compensation.
- Because this is a grant (not a market purchase or sale), it should be viewed as compensation rather than a direct signal of insider buying or selling intent.