Form 4: OSI Systems Director Kelli Bernard Reports Routine Tax-Related Stock Disposition
Insider Transaction Report
OSI Systems Director Kelli Bernard reported a disposition of 149 common shares at $226.08 per share to cover tax withholding obligations, maintaining a beneficial ownership of 9,755 shares.
Summary
- Kelli Bernard, a Director of OSI Systems Inc. (OSIS), reported a transaction on July 28, 2025.
- The transaction involved the disposition of 149 shares of Common Stock.
- The shares were tendered at a price of $226.08 per share.
- This disposition was a 'net settlement' to pay for tax withholding, not a sale of shares.
- Following this transaction, Kelli Bernard beneficially owns 9,755 shares of OSI Systems Common Stock.
Sentiment
Score: 5
Explanation: The transaction is a routine administrative disposition of shares for tax withholding purposes, not indicative of a change in investment sentiment or operational performance.
Positives
- The transaction is a routine administrative event for tax withholding, indicating compliance with equity compensation plans.
Negatives
- No shares were sold for personal profit; the disposition was solely to cover tax obligations.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This Form 4 filing details a routine insider transaction related to equity compensation and tax obligations, which is common across all industries for publicly traded companies and does not reflect broader industry trends or competitive positioning.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | NA | Kelli Bernard | NA | No change in management reported; Kelli Bernard is an existing Director. |
Stakeholder Impact
- Shareholders: Minimal direct impact as the transaction is a routine administrative event for tax purposes and not a market sale.
Key Dates
| Date | Description |
|---|---|
| 07/28/2025 | Date of earliest transaction reported. |
| 07/30/2025 | Date the Form 4 was signed by the reporting person. |
Keywords
OSI Systems, OSIS, Kelli Bernard, Director, Form 4, Insider Transaction, Stock Disposition, Tax Withholding
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