4/A: Artivion VP Andrew Green Reports Amended Beneficial Ownership After LTIP Stock Unit Issuance and Tax-Related Stock Sale
SEC Form 4/A
Artivion's VP of Regulatory, Andrew M. Green, files an amended Form 4 detailing changes in beneficial ownership due to the issuance of LTIP performance stock units and a sale of shares to cover tax obligations.
Summary
- Andrew M. Green, VP of Regulatory at Artivion, Inc., filed an amended Form 4 on March 14, 2024, to report changes in his beneficial ownership of company stock.
- The amendment corrects an administrative error in the original Form 4 regarding the number of shares sold in sell-to-cover transactions on February 26, 2024.
- On March 1, 2024, Green acquired 3,578 shares of common stock representing LTIP performance stock units.
- On March 5, 2024, Green sold 1,160 shares at $18.7221 per share to cover tax withholding obligations related to the vesting of performance stock units.
- Following these transactions, Green beneficially owns 46,577 shares of Artivion, Inc.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing. The transactions themselves (LTIP issuance and tax-related sale) are normal occurrences, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of sell to cover transactions with administrative error in original Form 4. |
| 03/01/2024 | Date of LTIP performance stock units issuance (3,578 shares). |
| 03/05/2024 | Date of stock sale (1,160 shares at $18.7221) to cover tax obligations. |
| 03/07/2024 | Date of original Form 4 filing. |
| 03/14/2024 | Date of amended Form 4/A filing. |
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