4Filed Aug 23, 8:00 PM ET

OptimizeRx (OPRX) Chief Legal Officer Marion Odence-Ford Sells 1,529 Shares

$OPRX · OptimizeRx Corp

Research Summary

AI-generated summary of this SEC filing

Updated

OptimizeRx (OPRX) Chief Legal Officer Marion Odence-Ford Sells 1,529 Shares

What Happened

  • Marion Odence‑Ford, Chief Legal & Administrative Officer of OptimizeRx (OPRX), had 1,529 shares withheld by the company to satisfy tax withholding obligations upon the vesting of restricted stock units. The withholding was reported as a disposition under Section 16 at a per‑share price of $7.71, for a total value of $11,789.

Key Details

  • Transaction date: August 21, 2026
  • Filing date (Form 4): August 24, 2026
  • Shares involved: 1,529 shares withheld
  • Price per share: $7.71; Total value: $11,789
  • Shares owned after transaction: Not specified in the provided filing excerpt
  • Footnote: The shares were withheld by the issuer upon RSU vesting to satisfy tax withholding obligations (treated as a disposition under Section 16)
  • Remarks: The filer includes a standard statement that the filing should not be construed as an admission of beneficial ownership or legal filing obligation

Context

  • This was a tax‑withholding disposition (transaction code F), not an open‑market sale — common when restricted stock units vest and the company withholds shares to cover taxes. Such withholdings are routine and generally do not signal the insider’s market view.