Form 4: Organogenesis Holdings Inc. Director Garrett Lustig Reports Stock Grant and Disposal
SEC Form 4
Director Garrett Lustig reports receiving a grant of restricted stock units and disposing of Class A Common Stock.
Summary
- Garrett Lustig, a director of Organogenesis Holdings Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 19, 2025, Lustig acquired 49,575 shares of Class A Common Stock through a grant of restricted stock units (RSUs) at $0.
- These RSUs vest in full on February 15, 2026, and each RSU represents the right to receive one share of Organogenesis Class A common stock.
- On the same day, Lustig disposed of 76,914 shares of Class A Common Stock.
- Following these transactions, Lustig beneficially owns 76,914 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment about the company's performance.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a company director.
- It offers insights into executive compensation and alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction: Grant of RSUs and disposal of Class A Common Stock |
| 02/15/2026 | Vesting date for the restricted stock units |
| 02/21/2025 | Date of Form 4 filing |
Keywords
Form 4, Organogenesis Holdings Inc., ORGO, Garrett Lustig, Director, Beneficial Ownership, Restricted Stock Units, RSUs, Class A Common Stock, Equity Incentive Plan
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.