4/A: Artivion CEO James P. Mackin Amends SEC Filing to Correct Share Reporting After Sell-to-Cover Transaction
SEC Filing (Form 4/A)
James P. Mackin, CEO of Artivion, Inc., files an amendment to a previous SEC Form 4 to correct the number of shares beneficially owned following a sell-to-cover transaction.
Summary
- James P. Mackin, the President and CEO of Artivion, Inc. (AORT), filed an amended Form 4 with the SEC on March 14, 2024.
- This amendment corrects an administrative error in the original Form 4 filed on February 29, 2024, regarding the number of shares sold in a sell-to-cover transaction on February 26, 2024.
- On February 27, 2024, Mackin sold 4,837 shares of common stock at a price of $19.8344 per share to cover tax withholding obligations upon the vesting of performance stock units.
- The amendment reflects an increase in the number of shares reported as beneficially owned due to the correction of the previously reported sell-to-cover transaction.
- Following the reported transaction, Mackin beneficially owns 691,416 shares of Artivion, Inc.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing correcting an administrative error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Negatives
- The need for an amended filing indicates an initial administrative error in reporting the number of shares sold.
Industry Context
This filing is a routine disclosure related to insider trading activity and is required by the SEC to ensure transparency in the market.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of the sell-to-cover transaction that led to the reporting error. |
| 02/27/2024 | Date of the transaction where 4,837 shares were sold. |
| 02/29/2024 | Date of the original Form 4 filing. |
| 03/14/2024 | Date of the amended Form 4/A filing. |
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