Form 4: Orthopediatrics Corp. Executive Sells Shares to Cover Tax Obligations

Daniel J. Gerritzen, General Counsel and Secretary of Orthopediatrics Corp., sold shares to cover tax withholding obligations upon the vesting of restricted shares.

Summary

• On March 15, 2025, Daniel J. Gerritzen acquired 38,773 shares of Orthopediatrics Corp. common stock.
• These shares were acquired at a price of $0.
• On March 18, 2025, Gerritzen sold 5,310 shares of common stock at $24.86 per share.
• The sale was to satisfy tax withholding obligations upon the vesting of restricted shares.
• Following these transactions, Gerritzen beneficially owns 110,767 shares, including 93,291 restricted stock awards.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects a routine transaction to cover tax obligations, with no indication of positive or negative implications for the company's performance.

Industry Context

Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

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