Form 4: OraSure Technologies CFO Kenneth McGrath Reports Stock Transaction
SEC Form 4 Filing
Kenneth McGrath, CFO of OraSure Technologies, reports the withholding of shares to cover tax liabilities associated with vesting restricted shares.
Summary
- On August 8, 2024, Kenneth J. McGrath, the Chief Financial Officer of OraSure Technologies, Inc. (OSUR), reported a transaction involving common stock.
- The transaction involved the withholding of 19,118 shares to cover tax liabilities associated with the vesting of restricted shares.
- Following the transaction, McGrath directly owns 307,013 shares of OraSure Technologies common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax withholding, so it doesn't indicate positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of stock transaction (withholding of shares). |
| 08/09/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.