Form 4: OSI Systems CEO Deepak Chopra Donates Shares to Charity

Deepak Chopra, President and CEO of OSI Systems, reports a gift of 14,710 common stock shares to a charitable donor advised fund on October 30, 2024.

Summary

• Deepak Chopra, the President and CEO of OSI Systems, filed a Form 4 on November 1, 2024, reporting a transaction.
• On October 30, 2024, Chopra donated 14,710 shares of OSI Systems common stock to a charitable donor advised fund.
• The donation was a direct transaction, and the price per share was $0 for the purpose of the gift.
• Following the transaction, Chopra directly owns 444,323 shares of OSI Systems common stock.
• Chopra also indirectly owns 15,000 shares through The Deepika Chopra Trust and 5,000 shares through The Chopra 2012 Irrevocable Trust.

Sentiment

Score: 6

Explanation: The document is a routine filing related to a stock donation. It doesn't inherently convey positive or negative sentiment regarding the company's performance, but the charitable donation could be perceived as slightly positive.

Positives

• The donation to a charitable fund could be viewed positively from a corporate social responsibility perspective.

Industry Context

Executive stock gifts are not uncommon and can be part of personal financial planning and charitable giving strategies.

Stakeholder Impact

• The donation has a minor impact on shareholders as it slightly reduces the CEO's direct ownership.

Key Dates