AORT.NYSEArtivion, INC

4/A: Artivion VP Rochelle L. Maney Amends SEC Filing to Correctly Report Beneficial Ownership After Stock Unit Vesting

Sentiment:

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

DateDescription
02/26/2024Date of the sell to cover transactions that led to the administrative error in the original Form 4 filing.
03/01/2024Date of the transaction where 3,578 shares of common stock were acquired as LTIP performance stock units.
03/05/2024Date of the transaction where 1,157 shares were sold at $18.7224 per share to cover tax withholding obligations.
03/07/2024Date of original Form 4 filing.
03/14/2024Date of the amended Form 4/A filing.

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