Form 4: Artivion VP, Chief Accounting Officer Amy Horton Reports Stock Transactions

Amy Horton, VP, Chief Accounting Officer of Artivion, Inc., reports acquisition and disposal of common stock related to performance stock units.

Summary

• Amy Horton, the VP, Chief Accounting Officer of Artivion, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On February 23, 2024, Ms. Horton acquired 3,366 shares of common stock at $0 related to performance stock units granted on February 22, 2023.
• Also on February 23, 2024, Ms. Horton acquired 6,418 shares of common stock at $0 related to performance stock units granted on February 22, 2023.
• On February 26, 2024, she disposed of 1,186 shares at a price of $20.2711 per share.
• On February 26, 2024, she disposed of 980 shares at a price of $20.2711 per share.
• These sales were to cover tax withholding obligations upon the vesting of performance stock units.
• Following these transactions, Ms. Horton beneficially owns 137,856 shares of Artivion, Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard reporting of stock transactions by an officer.

Future Outlook

25% of remaining shares earned in connection with the Feb. 2023 grant will be eligible to vest and be issued on 02/22/2025; and 25% on 02/22/2026, assuming employment on the relevant vesting date.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company officer.

Key Dates