Form 4: Artivion CEO James P. Mackin Reports Stock Transactions
SEC Form 4 Filing
Artivion's CEO, James P. Mackin, reports acquisition of shares through LTIP performance stock units and subsequent sale to cover tax obligations.
Summary
- On March 1, 2024, James P. Mackin, the President & CEO of Artivion, Inc., acquired 28,618 shares of common stock through LTIP performance stock units at a price of $0.
- On March 5, 2024, Mackin sold 13,996 shares of common stock at $18.7223 per share.
- The sale was to cover tax withholding obligations related to the vesting of performance stock units.
- Following these transactions, Mackin directly owns 705,562 shares of Artivion, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and tax obligations, with no clear indication of positive or negative sentiment towards the company's prospects.
Positives
- The acquisition of 28,618 shares through LTIP performance stock units suggests confidence in the company's long-term performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a relatively small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Acquisition of 28,618 shares through LTIP performance stock units. |
| 03/05/2024 | Sale of 13,996 shares to cover tax withholding obligations. |
| 03/07/2024 | Date of signature for the Form 4 filing. |
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