4Accepted Aug 21, 4:00 PM ET
OSI Systems Director Bernard Kelli Tenders 78 Shares for Taxes
Accepted (ET)
4:00 PM
Aug 21, 2026
Filed
Aug 21, 2026
Documents
1
Size
4.8 KB
Summary
OSI Systems Director Bernard Kelli Tenders 78 Shares for Taxes
What Happened
Bernard Kelli, a director of OSI Systems (OSIS), tendered 78 shares on 2026-08-20 to satisfy tax withholding obligations related to an equity event. The shares were valued at $220.92 each, for a total of approximately $17,232. This was not an open-market sale by the insider but a tax-withholding/net settlement.
Key Details
- Transaction date: 2026-08-20; Filing date: 2026-08-21 (timely filing).
- Price per share: $220.92; Total value of shares tendered: ~$17,232.
- Transaction code: F — tax withholding (shares tendered to cover taxes).
- Footnote: Net settlement — shares were tendered to pay withholding; no shares were sold.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
Tendering shares to cover tax withholding is a routine administrative step following option exercises or vesting of awards; it does not indicate a directional buy/sell by the insider. When shares are net-settled, the company withholds shares rather than the insider selling in the open market.