Form 4: Bioventus Inc. SVP & General Counsel Anthony D'Adamio Reports Sale of Shares to Cover Taxes

Anthony D'Adamio, SVP & General Counsel of Bioventus Inc., reports the sale of 3,125 shares of Class A Common Stock to cover taxes upon the vesting of restricted stock units.

Summary

• On March 15, 2024, Anthony D'Adamio, SVP & General Counsel of Bioventus Inc., sold 3,125 shares of Class A Common Stock.
• The sale was executed to cover taxes upon the vesting of restricted stock units on March 14, 2024, pursuant to a standing 10b5-1 instruction.
• The shares were sold at a weighted average price of $5.46, with individual transactions ranging from $5.13 to $5.54.
• Following the transaction, D'Adamio beneficially owns 51,371 shares of Bioventus Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders reporting transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The sale of shares by an insider could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale (tax coverage) and the relatively small number of shares involved.

Key Dates