AORT.NYSEArtivion, INC

4/A: Artivion SVP Jean F. Holloway Amends SEC Filing to Correct Share Reporting

Sentiment:

SEC Filing Amendment

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Jean F. Holloway, SVP and General Counsel of Artivion, Inc., filed an amendment to a previous SEC Form 4 to correct the number of shares beneficially owned following a sell-to-cover transaction.

Summary

  • Jean F. Holloway, SVP and General Counsel of Artivion, Inc., filed an amended SEC Form 4 on March 14, 2024, to correct a previous filing from February 29, 2024.
  • The amendment addresses an administrative error in reporting the number of shares sold in a sell-to-cover transaction on February 26, 2024.
  • On February 27, 2024, Holloway sold 485 shares of common stock at a price of $19.8344 per share to cover tax withholding obligations upon the vesting of performance stock units.
  • Following the reported transaction, Holloway beneficially owns 166,367 shares of Artivion, Inc.
  • The sell-to-cover transaction was not a discretionary transaction but rather a means to satisfy tax obligations.

Sentiment

Score: 7

Explanation: The document is a routine correction of an SEC filing. The sentiment is neutral as it addresses an administrative error and doesn't indicate any fundamental issues with the company.

Industry Context

This is a routine SEC filing related to insider trading activity. It is common for company executives to sell shares to cover tax obligations related to vesting equity.

Key Dates

DateDescription
02/26/2024Date of the sell-to-cover transaction that led to the reporting error.
02/27/2024Date of the transaction (sale of shares).
02/29/2024Date of the original Form 4 filing with the error.
03/14/2024Date of the amended Form 4/A filing.

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