Form 4: Organogenesis Holdings Inc. Executive Patrick Bilbo Reports Stock Disposals

Patrick Bilbo, Chief Operating Officer of Organogenesis Holdings Inc., reports the disposal of Class A Common Stock to cover tax obligations.

Summary

• Patrick Bilbo, the Chief Operating Officer of Organogenesis Holdings Inc., filed a Form 4 detailing changes in beneficial ownership.
• The report indicates the disposal of Class A Common Stock on multiple dates in February 2025.
• These disposals were likely to cover tax obligations, as indicated by the transaction code 'F'.
• The price per share for these transactions was $3.7.
• Following these transactions, Bilbo directly owns 764,926 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax obligations, a common practice.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The disposal of shares by an executive could be perceived negatively by some shareholders, although disposals for tax purposes are common.

Key Dates

Keywords

Form 4, Beneficial Ownership, Organogenesis Holdings Inc., ORGO, Patrick Bilbo, Stock Disposal, Class A Common Stock, Tax Obligations