Form 4: OraSure Technologies SVP Finance & CAO Reports Tax Liability Share Withholding

Sentiment:

SEC Form 4 Filing


Michele Anthony, SVP Finance & CAO of OraSure Technologies, reports withholding shares to cover tax obligations related to vesting restricted shares.

Summary

  • On January 5, 2025, Michele Anthony, SVP Finance & CAO of OraSure Technologies, had 4,822 shares of common stock withheld to cover tax liabilities associated with the vesting of restricted shares.
  • The price per share for the transaction was $3.775.
  • Following the transaction, Anthony directly owns 97,132 shares of OraSure Technologies common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates routine tax-related share withholding and doesn't necessarily reflect a change in the executive's overall confidence in the company.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine tax-related share withholding.

Key Dates

DateDescription
01/05/2025Date of share withholding for tax liability.
01/07/2025Date of signature on the Form 4 filing.

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