MICHAS ALEXIS P 4
4 · Orthofix Medical Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Orthofix (OFIX) 10% Owner Juniper Investment Buys 242,000 Shares
What Happened
Juniper Investment Company, LLC — reported as a 10% owner of Orthofix Medical, Inc. (OFIX) — acquired 242,000 shares on May 22, 2026. The filing lists an aggregate value of $2,589,206 and an average price shown as $10.70; a footnote clarifies the weighted average price ranged from $10.2450 to $10.9500 and that the reporting person will provide trade-level details to the issuer or the SEC upon request. This was a purchase (acquisition), not a sale.
Key Details
- Transaction date: 2026-05-22; reported on Form 4 filed 2026-05-29.
- Reported aggregate value: $2,589,206; average price shown: $10.70 (footnote F1: actual per‑share prices ranged $10.2450–$10.9500).
- Shares acquired: 242,000.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Notable footnotes: F1 (weighted average price range, more details available on request); F2–F4 clarify Juniper Investment is the investment manager of several Juniper funds and may be deemed to beneficially own securities held by those funds but disclaims beneficial ownership except to the extent of its pecuniary interest; managing members John A. Bartholdson and Alexis P. Michas share voting and dispositive power and similarly disclaim beneficial ownership except to their pecuniary interest.
- Filing timeliness: The Form 4 was filed seven days after the transaction (May 29 for a May 22 trade), which is later than the usual two-business-day Form 4 deadline.
Context
- This is institutional activity by a 10% owner/investment manager, not an executive officer or director trade. Institutional purchases indicate investment activity by a fund manager but do not equate to insider knowledge or a company executive’s personal view.
- The filing’s footnotes emphasize the manager/fund relationship and disclaimers of beneficial ownership; treat the reported acquisition as a fund-level position change rather than a personal purchase by company insiders.
Insider Transaction Report
Form 4
Juniper Investment Company, LLC
10% Owner
Transactions
- Sale
Common Stock, $0.10 par value per share
[F1][F2]2026-05-22$10.70/sh+242,000$2,589,206→ 3,461,216 total(indirect: By: Juniper Targeted Opportunity Fund, L.P.)
Holdings
- 935,901(indirect: By: Juniper Targeted Opportunities, L.P.)
Common Stock, $0.10 par value per share
[F3] - 45,426(indirect: Juniper Multi-Strategy Fund, L.P.)
Common Stock, $0.10 par value per share
[F4]
Footnotes (4)
- [F1]Represents the weighted average per share price with a range from $10.2450 and $10.9500. The reporting person undertakes to provide details of the trades to the Issuer or the Securities and Exchange Commission upon request.
- [F2]As the investment manager of Juniper Targeted Opportunity Fund, L.P. (Juniper Targeted Opportunity Fund"), Juniper Investment Company may be deemed to beneficially own the securities held by the Juniper Targeted Opportunity Fund, Juniper Investment Company disclaims beneficial ownership of all interests reported herein except to the extent of its pecuniary interest therein. John A. Bartholdson and Alexis P. Michas serve as the managing members of Juniper Investment Company and the general partner of Juniper Targeted Opportunity Fund, and as a result, Messrs. Bartholdson and Michas share voting and dispositive power over such shares with Juniper Investment Company. Messrs. Bartholdson and Michas disclaim beneficial ownership of the holdings of Juniper Targeted Opportunity Fund reflected herein except to the extent of their pecuniary interest therein.
- [F3]As the investment manager of Juniper Targeted Opportunities, LP (Juniper Targeted Opportunities"), Juniper Investment Company may be deemed to beneficially own the securities held by Juniper Targeted Opportunities, Juniper Investment Company disclaims beneficial ownership of all interests reported herein except to the extent of its pecuniary interest therein. Messrs. Bartholdson and Michas serve as the managing members of Juniper Investment Company and the general partner of Juniper Targeted Opportunities, and as a result, Messrs. Bartholdson and Michas share voting and dispositive power over such shares with Juniper Investment Company. Messrs. Bartholdson and Michas disclaim beneficial ownership of the holdings of Juniper Targeted Opportunities reflected herein except to the extent of their pecuniary interest therein.
- [F4]As the investment manager of Juniper Multi-Strategy Fund" (Juniper Multi-Strategy"), Juniper Investment Company may be deemed to beneficially own the securities held by Juniper Multi-Strategy. Juniper Investment Company disclaims beneficial ownership of all interests reported herein except to the extent of its pecuniary interest therein. Messrs. Bartholdson and Michas serve as the managing members of Juniper Investment Company and the general partner of Juniper Multi-Strategy, and as a result, Messrs. Bartholdson and Michas share voting and dispositive power over such shares with Juniper Investment Company. Messrs. Bartholdson and Michas disclaim beneficial ownership of the holdings of Juniper Multi-Strategy reflected herein except to the extent of their pecuniary interest therein.