Form 4: Organogenesis Holdings Inc. Executive Exercises Stock Options
SEC Form 4 Filing
Patrick Bilbo, Chief Operating Officer of Organogenesis Holdings Inc., exercised stock options to acquire 152,250 shares of Class A Common Stock at $1.18 per share on March 28, 2024.
Summary
- On March 28, 2024, Patrick Bilbo, the Chief Operating Officer of Organogenesis Holdings Inc., exercised stock options.
- This transaction involved the acquisition of 152,250 shares of Class A Common Stock at a price of $1.18 per share.
- Following the transaction, Bilbo directly owns 811,579 shares of Class A Common Stock.
- The stock options were fully vested and exercisable on the transaction date, with an expiration date of April 10, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The exercise of options could be seen as positive, but without further context, it's difficult to assess the overall impact.
Positives
- The exercise of stock options by a key executive could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Stakeholder Impact
- The transaction could have a minor impact on shareholders due to the increase in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock option exercise and acquisition of Class A Common Stock. |
| 03/29/2024 | Date of signature by Attorney-in-Fact. |
| 04/10/2024 | Expiration date of the stock options exercised. |
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