Form 4: Artivion Executive John E. Davis Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Artivion's Chief Commercial Officer, John E. Davis, sold 584 shares of common stock on February 27, 2024, to cover tax withholding obligations related to vesting performance stock units.
Summary
- On February 27, 2024, John E. Davis, Chief Commercial Officer of Artivion, Inc., sold 584 shares of the company's common stock.
- The sale was executed at a price of $19.8344 per share.
- This transaction was conducted to cover tax withholding obligations arising from the vesting of performance stock units.
- Following the transaction, Davis directly owns 161,935 shares of Artivion common stock.
Sentiment
Score: 6
Explanation: The document describes a routine transaction (stock sale for tax obligations) by an executive, which is neither particularly positive nor negative. It's a neutral event in the context of the company's overall performance.
Industry Context
Executive stock sales for tax purposes are a common occurrence and generally don't reflect a change in the executive's outlook on the company.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of the stock sale transaction. |
| 02/29/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.