Form 4: OraSure Technologies Executive Weber Kathleen Gallagher Reports Tax-Related Share Withholding
SEC Form 4 Filing
Kathleen Gallagher Weber, Chief Product Officer of OraSure Technologies, reports the withholding of shares to cover tax obligations related to vesting restricted shares.
Summary
- Kathleen Gallagher Weber, Chief Product Officer of OraSure Technologies, filed a Form 4 on January 7, 2025.
- The form details a transaction on January 5, 2025, where 6,859 shares of common stock were withheld to cover tax liabilities associated with the vesting of restricted shares.
- The price per share for the withholding was $3.775.
- Following the transaction, Weber directly owns 290,033 shares of OraSure Technologies.
- The filing was signed by Michele Anthony, Attorney-In-Fact.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, so it has a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into insider transactions, allowing investors to track ownership changes by company executives and directors.
Stakeholder Impact
- Shareholders may be interested in tracking insider transactions for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 01/05/2025 | Date of the transaction (share withholding). |
| 01/07/2025 | Date of Form 4 filing. |
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