Freedman Lori 4
Research Summary
AI-generated summary
Organogenesis (ORGO) Chief Administrative & Legal Officer Lori Freedman Receives Awards
What Happened
Lori Freedman, Chief Administrative and Legal Officer of Organogenesis Holdings, received multiple equity awards on February 18, 2026, totaling 361,717 shares (203,125 RSUs + 42,780 performance shares + 115,812 derivative award). These awards were granted at $0.00 per share (no purchase price). To cover tax withholding related to vesting/settlement, 14,267 shares were surrendered/disposed at $3.84 per share for total consideration of $54,785. The primary activity is receipt of awards (not an open-market purchase or sale).
Key Details
- Transaction date (reporting period): February 18, 2026; SEC filing date: February 20, 2026 (filing flagged late).
- Grants: 203,125 RSUs (F1), 42,780 shares from a 2025 performance award that vested (F2), and 115,812 shares listed as a derivative award (A). All awards show $0.00 acquisition price.
- Tax withholding: 14,267 shares disposed at $3.84 each, totaling $54,785 (transaction code F). This is a routine withholding to satisfy tax liabilities on vested awards.
- Shares owned after the transactions: not specified in the filing.
- Footnotes of note:
- F1: RSUs vest in equal annual installments over four years beginning Feb 15, 2026.
- F2: Shares issued upon achievement of 2025 performance milestones.
- F3: Related option/derivative becomes exercisable in equal annual installments over four years beginning Feb 15, 2026.
- Filing timeliness: marked late (L) — delayed public disclosure can be a compliance issue but does not by itself indicate intent.
Context
- RSUs and performance-share issuances represent future rights to shares upon vesting and are common components of executive compensation; they are not immediate open-market purchases.
- The 14,267-share disposition was a tax-withholding event (routine) rather than an opportunistic sale; it reduces net shares received from the awards.
- No open-market buying or opportunistic selling by the insider is shown in this filing.