Form 4: OSI Systems Director James B. Hawkins Sells Shares in Recent Transactions
SEC Form 4 Filing
Director James B. Hawkins of OSI Systems Inc. recently sold shares of common stock in multiple transactions on May 8, 2024.
Summary
- On May 8, 2024, James B. Hawkins, a director of OSI Systems Inc., sold shares of the company's common stock.
- The first transaction involved the sale of 5,785 shares at a weighted average price of $133.94, with prices ranging from $133.18 to $134.16.
- The second transaction involved the sale of 4,215 shares at a weighted average price of $134.29, with prices ranging from $134.18 to $134.62.
- Following these transactions, Hawkins directly owns 7,834 shares of OSI Systems Inc.
- The sales were executed under Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of stock transactions by a company insider. It's common for directors and officers to buy and sell shares of their company's stock, and these transactions are closely monitored by regulators and investors.
Stakeholder Impact
- The stock sale by a director could be perceived negatively by some shareholders, but it's a common occurrence and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of stock sale transactions |
| 05/09/2024 | Date of signature on the Form 4 filing |
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