Form 4: Artivion SVP, General Counsel Jean F. Holloway Sells Shares to Cover Tax Obligations

Jean F. Holloway, SVP and General Counsel of Artivion, Inc., sold 485 shares of common stock on February 27, 2024, to cover tax withholding obligations related to the vesting of performance stock units.

Summary

• On February 27, 2024, Jean F. Holloway, the SVP and General Counsel of Artivion, Inc., sold 485 shares of the company's common stock.
• The shares were sold at a price of $19.8344 per share.
• The sale was executed to cover tax withholding obligations arising from the vesting of performance stock units.
• Following the transaction, Holloway directly owns 166,325 shares of Artivion, Inc.
• The sale was not a discretionary transaction but rather a 'sell to cover' transaction to satisfy tax obligations.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock sale to cover tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates