Form 4: Orthopediatrics Corp Director Riccitelli Acquires Shares
SEC Form 4
Director Samuel D. Riccitelli acquired 2,766 shares of Orthopediatrics Corp common stock on May 28, 2024.
Summary
- On May 28, 2024, Samuel D. Riccitelli, a director of Orthopediatrics Corp, acquired 2,766 shares of common stock.
- The shares were acquired at a price of $0.
- Following the transaction, Riccitelli directly owns 12,022 shares of Orthopediatrics Corp, which includes 4,640 restricted stock awards.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard transaction report. The director's purchase is mildly positive, suggesting confidence, but it's not a major event.
Positives
- A director's acquisition of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of shares by a director could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of transaction: Samuel D. Riccitelli acquired shares of Orthopediatrics Corp common stock. |
| 05/30/2024 | Date of signature: Daniel J. Gerritzen, Attorney-in-Fact, signed the Form 4 on behalf of Samuel D. Riccitelli. |
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