4/A: Artivion VP Rochelle L. Maney Amends SEC Filing to Correctly Report Beneficial Ownership After Stock Unit Vesting
SEC Filing (Form 4/A)
Rochelle L. Maney, VP of Quality at Artivion, Inc., filed an amended Form 4 with the SEC to correct the number of shares beneficially owned following a previous reporting error related to sell-to-cover transactions.
Summary
- Rochelle L. Maney, VP of Quality at Artivion, Inc., filed an amendment to a previous Form 4 filing with the SEC.
- The amendment corrects an administrative error in reporting the number of shares sold in sell-to-cover transactions on February 26, 2024.
- As a result, the number of shares reported as beneficially owned has been adjusted to reflect an increase compared to the original Form 4.
- On March 1, 2024, Ms. Maney acquired 3,578 shares of common stock representing LTIP performance stock units.
- On March 5, 2024, Ms. Maney sold 1,157 shares at $18.7224 per share to cover tax withholding obligations upon the vesting of performance stock units.
- Following these transactions, Ms. Maney beneficially owns 46,569 shares of Artivion, Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral. It's a routine correction of a filing, indicating standard corporate governance procedures are being followed. The transactions themselves (vesting and sell-to-cover) are common.
Negatives
- The amended filing indicates a previous administrative error in reporting the number of shares sold, which required correction.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments, like this one, highlight the importance of accurate reporting and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of the sell to cover transactions that led to the administrative error in the original Form 4 filing. |
| 03/01/2024 | Date of the transaction where 3,578 shares of common stock were acquired as LTIP performance stock units. |
| 03/05/2024 | Date of the transaction where 1,157 shares were sold at $18.7224 per share to cover tax withholding obligations. |
| 03/07/2024 | Date of original Form 4 filing. |
| 03/14/2024 | Date of the amended Form 4/A filing. |
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