OSI Systems (OSIS) Director Bernard Kelli Receives 924-Share Award

What Happened

Bernard Kelli, a director of OSI Systems, reported receiving 924 shares as an award/acquisition on July 20, 2026. The Form 4 lists an acquisition value of $216.65 per share, for a total reported value of $200,185. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-20; Form 4 filed: 2026-07-21.
• Price per share reported: $216.65; total value: $200,185.
• Transaction type: Award/Grant (code A).
• Shares owned after transaction: Not specified in the supplied filing.
• No footnotes on a 10b5-1 plan, tax withholding, or other special conditions were provided in the data supplied.
• Filing timeliness: Reported the day after the transaction; not indicated as late in the provided information.

Context

An "award" typically reflects compensation or board-related equity granted by the company and may be subject to vesting or other restrictions—this Form 4 shows the acquisition but does not detail vesting terms. Awards differ from open-market purchases (which signal direct buying) and from sales (which reduce holdings); they represent compensation rather than an immediate market buy or sell.