GREEN ANDREW M 4

What Happened
Andrew M. Green, Senior Vice President, Regulatory and Quality at Artivion, exercised stock options totaling 44,001 shares on June 11, 2026 and then sold those shares in open-market transactions the same day. He paid $589,078 to exercise the options (14,001 shares @ $18.44 = $258,178; 30,000 shares @ $11.03 = $330,900) and received gross proceeds of about $910,739 from the sales (14,001 shares sold at a weighted average $20.71 = $289,919; 30,000 shares sold at a weighted average $20.69 = $620,820). The Form 4 also shows two derivative "Disposed" entries at $0.00 for 14,001 and 30,000 shares associated with the exercises.

Key Details

• Transaction date: June 11, 2026 (filed June 15, 2026). Filing was 4 days after the trades (may be later than the typical two-business-day Form 4 deadline).
• Exercises: 14,001 @ $18.44 ($258,178) and 30,000 @ $11.03 ($330,900).
• Sales: 14,001 sold at weighted avg $20.71 ($289,919; range $20.25–$21.02 per footnote F2), 30,000 sold at weighted avg $20.69 ($620,820; range $20.24–$21.02 per footnote F3). Total sale proceeds ≈ $910,739.
• Additional entries: Two derivative disposals at $0.00 for 14,001 and 30,000 shares (reported alongside the exercises).
• Plan/vesting notes: Transactions were executed under a Rule 10b5-1 trading plan adopted March 12, 2026 (F1). Option grants vest 33 1/3% per year (first exercisable dates noted in F4 and F5).
• Shares owned after transaction: Not reported in the provided filing.

Context

• This was an exercise-and-sell (options exercised and resulting shares sold the same day), commonly used to realize gains or cover exercise costs/taxes. The presence of a 10b5-1 plan indicates the sales were prearranged.
• Sales by executives are common and do not by themselves indicate company performance; purchases generally carry more direct bullish signal for retail investors.