Form 4: OraSure Technologies SVP Finance & CAO, Michele Anthony, Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Michele Anthony, SVP Finance & CAO of OraSure Technologies, reports the acquisition of restricted stock and subsequent withholding of shares for tax obligations.
Summary
- On March 1, 2025, Michele Anthony, SVP Finance & CAO of OraSure Technologies, acquired 52,166 shares of common stock as a restricted stock award.
- These shares vest in three equal annual installments starting March 1, 2026, contingent upon continuous service.
- Also on March 1, 2025, 5,030 shares were withheld at a price of $3.6275 to cover the tax liability associated with the vesting of restricted shares.
- Following these transactions, Anthony directly owns 143,502 shares of OraSure Technologies common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports routine transactions related to executive compensation.
Positives
- The grant of restricted stock aligns the executive's interests with those of the shareholders, incentivizing long-term performance.
Future Outlook
The restricted stock award vests over three years, contingent on continued service.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The stock transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of restricted stock award and tax withholding. |
| 03/01/2026 | First vesting date for the restricted stock award. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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