Form 4: Organogenesis Holdings Inc. Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Antonio S. Montecalvo, Vice President of Health Policy at Organogenesis Holdings Inc., disposed of 1,752 shares of Class A Common Stock on April 1, 2024, to cover tax obligations.
Summary
- On April 1, 2024, Antonio S. Montecalvo, Vice President of Health Policy at Organogenesis Holdings Inc., disposed of 1,752 shares of Class A Common Stock.
- The transaction was executed to cover tax obligations related to equity compensation.
- The shares were sold at a price of $2.8 per share.
- Following the transaction, Montecalvo directly owns 168,268 shares of Organogenesis Holdings Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive sold shares to cover tax obligations, which is a normal occurrence.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Antonio S. Montecalvo disposed of 1,752 shares of Class A Common Stock. |
| 04/03/2024 | Date of signature: William R. Kolb, Attorney-in-Fact, signed the Form 4 on this date. |
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