Form 4: Artivion VP Rochelle L. Maney Sells Shares to Cover Tax Obligations
SEC Form 4
Rochelle L. Maney, VP of Quality at Artivion, Inc., sold 370 shares of common stock on February 27, 2024, to cover tax withholding obligations.
Summary
- On February 27, 2024, Rochelle L. Maney, VP of Quality at Artivion, Inc., sold 370 shares of the company's common stock.
- The shares were sold at a price of $19.8345 per share.
- The sale was executed to cover tax withholding obligations arising from the vesting of performance stock units.
- Following the transaction, Maney directly owns 44,115 shares of Artivion, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations and doesn't necessarily reflect a change in the executive's confidence in the company.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations. It's common for executives to sell shares to cover taxes when stock options or restricted stock units vest.
Stakeholder Impact
- The sale has a minimal impact on shareholders as it's a small transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of the stock sale transaction. |
| 02/29/2024 | Date of signature on the Form 4 filing. |
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