4/A: Axogen Executive Jens Kemp Reports Share Transactions and Correction to Previous Filing
SEC Form 4/A
Jens Kemp, Chief Marketing Officer of Axogen, Inc., reports the acquisition and disposal of company shares, along with a correction to a previously filed Form 4 regarding restricted stock units.
Summary
- On February 22, 2025, Jens Kemp acquired 2,500 shares of Axogen common stock upon the attainment of certain performance criteria.
- On February 25, 2025, Kemp disposed of 814 shares to cover tax withholding obligations related to the vesting of performance stock units (PSUs).
- The shares were sold at a weighted average price of $16.49, with individual transactions ranging from $16.42 to $17.32 per share.
- Following these transactions, Kemp beneficially owns 31,686 shares of Axogen common stock.
- An amendment to the original Form 4 filed on February 26, 2025, was made to include 30,000 shares of common stock representing 30,000 restricted stock units in the beneficial number of shares of common stock outstanding.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions and a correction, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The disclosure of share transactions provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Acquisition of 2,500 shares of common stock upon attainment of performance criteria. |
| 02/24/2025 | Deemed execution date for the acquisition of shares. |
| 02/25/2025 | Disposal of 814 shares to cover tax withholding obligations. |
| 02/26/2025 | Date of original Form 4 filing and date of amendment. |
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