Form 4: Axogen EVP & General Counsel Marc Began Reports Stock Transactions
SEC Form 4 Filing
Marc Began, EVP & General Counsel of Axogen, Inc., reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On March 1, 2025, Marc Began, EVP & General Counsel of Axogen, Inc., had 22,500 restricted stock units vest.
- On March 4, 2025, Mr. Began sold 5,901 shares of common stock at a weighted average price of $18.36 to cover tax withholding obligations related to the vesting of the restricted stock units.
- Following these transactions, Mr. Began directly owns 18,285 shares of Axogen, Inc. common stock.
- The restricted stock units were granted as an inducement for Mr. Began's employment with Axogen, Inc.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company executive, with no inherent positive or negative sentiment.
Future Outlook
The remaining restricted stock units will continue to vest in increments until March 1, 2027.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Restricted stock units vested |
| 03/03/2025 | Date of transaction related to vesting of restricted stock units |
| 03/04/2025 | Shares sold to cover tax obligations |
| 03/05/2025 | Date of Form 4 filing |
| 03/01/2027 | Date when all restricted stock units will be fully vested |
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