D'Adamio Anthony 4

What Happened
Anthony D'Adamio, Senior Vice President & General Counsel of Bioventus (BVS), converted 12,980 restricted stock units (RSUs) into Class A common stock on February 15, 2026. The conversion is recorded as an exercise/conversion of a derivative (code M) with $0 cash paid. To satisfy tax withholding (code F), 6,327 of those shares were surrendered at $8.27 per share, totaling $52,324. Net shares delivered to D'Adamio after withholding were 6,653.

Key Details

• Transaction date: 2026-02-15.
• Conversion: 12,980 RSUs converted to shares (coded M), $0 cash exercise price.
• Tax withholding: 6,327 shares disposed at $8.27 each for $52,324 (coded F).
• Net shares received: 12,980 − 6,327 = 6,653 shares.
• Footnotes: F1 — each RSU equals a contingent right to one Class A share; F2 — RSUs vest in four equal annual installments beginning Feb 15, 2024.
• Owned after transaction: not reported in the information provided.
• Filing timeliness: filing dated 2026-02-18 for a 2026-02-15 vesting — no late filing indicated in the provided data.

Context
This was a routine RSU vesting/conversion with a sell-to-cover tax withholding, not an open-market sale or purchase. Such withholdings are common when equity awards vest and do not necessarily indicate any change in the insider’s view of the company.