Form 4: Orthopediatrics Director Terry Schlotterback Reports Significant Stock Acquisition

Sentiment:

Insider Transaction Report


Orthopediatrics Corp. Director Terry D. Schlotterback reported the acquisition of 8,401 shares of common stock, increasing his direct beneficial ownership to 26,619 shares, including restricted stock awards.

Summary

  • Terry D. Schlotterback, a Director at Orthopediatrics Corp. (KIDS), reported the acquisition of 8,401 shares of common stock on May 23, 2025.
  • The shares were acquired at a price of $0, indicating a grant or award rather than a market purchase.
  • Following this transaction, Mr. Schlotterback's direct beneficial ownership increased to 26,619 shares, which includes 10,900 shares of restricted stock awards.
  • Additionally, Mr. Schlotterback indirectly beneficially owns 2,546 shares of common stock held by his spouse.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if a grant, generally signals confidence in the company's future, contributing to a positive sentiment regarding insider alignment.

Positives

  • Director Terry D. Schlotterback increased his direct beneficial ownership in Orthopediatrics Corp. by 8,401 shares.
  • The acquisition of shares by a director, even if granted as compensation, can signal confidence in the company's future prospects and alignment with shareholder interests.

Future Outlook

NA

Industry Context

This Form 4 filing is a standard disclosure of an insider's change in beneficial ownership and does not provide broader industry context or trends.

Stakeholder Impact

  • Shareholders may view the director's increased ownership as a positive signal, indicating alignment of interests between management and shareholders.

Key Dates

DateDescription
05/23/2025Date of earliest transaction (acquisition of common stock by Terry D. Schlotterback).
05/28/2025Date the Form 4 was signed by Daniel J. Gerritzen, Attorney-in-Fact for Terry D. Schlotterback.

Keywords

Orthopediatrics, KIDS, Form 4, insider transaction, beneficial ownership, common stock, director, stock acquisition, restricted stock awards

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