Grow Brian 4
Research Summary
AI-generated summary
Organogenesis (ORGO) CCO Brian Grow Sells 43,959 Shares for Taxes
What Happened
- Brian Grow, Chief Commercial Officer of Organogenesis (ORGO), had 43,959 shares disposed on Feb 15, 2026 to satisfy tax and/or exercise obligations. The shares were disposed at $3.73 each for a combined value of approximately $163,967. This transaction is recorded as tax withholding/payment (code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-15; filing date: 2026-02-18.
- Breakdown of disposals (all at $3.73/share):
- 3,346 shares → $12,481
- 18,910 shares → $70,534
- 10,559 shares → $39,385
- 11,144 shares → $41,567
- Total disposed: 43,959 shares for ~$163,967.
- Transaction code: F (payment of exercise price or tax liability; shares were surrendered/withheld).
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- No filing lateness flag provided in the excerpt.
Context
- Code F transactions typically reflect shares withheld to cover taxes after option exercises or RSU vesting (a form of cashless settlement), and are routine administrative transactions rather than directional bets on the stock. They should be interpreted differently from open-market purchases or voluntary sales.