OSI Systems Director Bernard Kelli Tenders 149 Shares for Taxes

What Happened

Bernard Kelli, a director of OSI Systems, tendered 149 shares on July 28, 2026 to satisfy tax withholding related to an equity settlement. The shares were valued at $217.30 each, for a total of approximately $32,378. Per the filing footnote, this was a net settlement to cover taxes — no shares were sold on the open market.

Key Details

• Transaction date: 2026-07-28
• Price per share: $217.30; Shares tendered: 149; Total value: ~$32,378
• Filing date: 2026-07-29 (one day after the transaction) — appears timely based on typical reporting windows
• Shares owned after transaction: not disclosed in the provided excerpt
• Footnote: F1 — shares were tendered to pay tax withholding (net settlement); no open-market sale
• Transaction code: F (tax withholding/net settlement)

Context

This was a tax-withholding/net-settlement action commonly associated with option exercises or restricted stock settlements. Such transactions are routine administrative matters to satisfy tax obligations and do not represent a discretionary sale or purchase decision by the insider. For retail investors, these withholdings generally carry little signal about management’s view of the company.