Form 4: OraSure Technologies Director Gagliano Reports Share Transactions

Director Nancy J Gagliano reports acquisition and disposal of OraSure Technologies shares, including tax withholding and grant of restricted shares.

Summary

• Nancy J Gagliano, a director of OraSure Technologies Inc. (OSUR), filed a Form 4 detailing changes in beneficial ownership.
• On May 13, 2025, 4,387 shares of common stock were disposed of at a price of $2.6525 per share to cover tax liabilities associated with vesting restricted shares.
• On May 14, 2025, Gagliano acquired 71,017 restricted shares at $0.00 per share under the OraSure Technologies, Inc. Stock Award Plan.
• Following these transactions, Gagliano beneficially owns 158,154 shares of OraSure Technologies Inc.
• The restricted shares will vest in full on the earlier of May 14, 2026, or immediately prior to the commencement of the Company's 2026 Annual Meeting of Stockholders, ceasing immediately if Gagliano voluntarily ceases to serve as a director.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing primarily reflects routine transactions related to director compensation and tax obligations.

Positives

• Grant of 71,017 restricted shares to a director indicates confidence in the company's future performance.

Future Outlook

The vesting of restricted shares is contingent upon continued service as a director until May 14, 2026, or the 2026 Annual Meeting of Stockholders.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.

Stakeholder Impact

• Shareholders may view the grant of restricted shares as a positive sign of management's commitment.
• The tax-related disposal of shares has a negligible impact on stakeholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, OraSure Technologies, OSUR, Director, Gagliano, Restricted Shares, Stock Award Plan, Tax Withholding