Form 4: ARTIVION CEO Sells Shares for Tax Obligations

ARTIVION, Inc. President & CEO James P. Mackin sold 17,580 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• James P. Mackin, President & CEO of ARTIVION, INC. (AORT), reported a sale of common stock.
• The transaction involved the disposition of 17,580 shares of common stock.
• The shares were sold at a price of $44.619 per share.
• The sale occurred on November 10, 2025.
• Following this transaction, James P. Mackin beneficially owns 835,203 shares of common stock directly.
• The sale was non-discretionary, executed to satisfy tax withholding obligations upon the vesting of restricted stock units, commonly known as a 'sell to cover' transaction.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary 'sell to cover' transaction for tax purposes, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it reports a past insider transaction.

Management Comments

• "These shares were sold upon the vesting of restricted stock units to pay tax withholding obligations. The sale was to satisfy tax withholding obligations to be funded by a 'sell to cover' transaction and does not represent a discretionary transaction."

Industry Context

This filing details a routine 'sell to cover' transaction by a corporate officer, which is a common practice in the industry for managing tax liabilities associated with equity compensation. It does not reflect broader industry trends or competitive positioning.

Comparison to Industry Standards

• The 'sell to cover' transaction is a standard mechanism for executives to manage tax obligations arising from the vesting of restricted stock units, aligning with common corporate compensation practices across various industries.

Stakeholder Impact

• Shareholders: The sale of shares by the CEO is a non-discretionary event for tax purposes and is unlikely to have a significant impact on shareholder perception or the company's valuation.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

ARTIVION, AORT, James P. Mackin, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, CEO