Form 4: Organogenesis Holdings Inc. Director Quintero Gilberto Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Quintero Gilberto reports acquisition and disposal of Organogenesis Holdings Inc. Class A Common Stock and Restricted Stock Units.
Summary
- On February 19, 2025, Director Quintero Gilberto reported changes in beneficial ownership of Organogenesis Holdings Inc. securities.
- The report includes the acquisition of 49,575 shares of Class A Common Stock at $0 and the disposal of 190,245 shares.
- The director also received a grant of restricted stock units (RSUs) under the 2018 Equity Incentive Plan, which will vest in full on February 15, 2026.
- Each RSU represents the contingent right to receive one share of Organogenesis Class A common stock upon vesting.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing detailing transactions. The RSU grant is a positive sign of aligning management with shareholder interests, but the disposal of shares could be interpreted negatively without further context.
Positives
- The grant of restricted stock units to a director aligns their interests with those of the shareholders, incentivizing long-term value creation.
Future Outlook
The vesting of the RSUs on February 15, 2026, suggests a long-term incentive for the director.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates changes in the holdings of a director, which is relevant information for investors.
Stakeholder Impact
- Shareholders are informed about the transactions of a key insider, which can influence their investment decisions.
- The RSU grant can incentivize the director to work towards increasing shareholder value.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction (acquisition/disposal of shares and grant of RSUs). |
| 02/15/2026 | Vesting date for the restricted stock units. |
| 02/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Organogenesis Holdings Inc., ORGO, Form 4, Beneficial Ownership, Director, Quintero Gilberto, Restricted Stock Units, RSUs, Equity Incentive Plan, Class A Common Stock
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