Form 4: OSI Systems Director William Ballhaus Jr. Reports Gift of Shares

Director William Ballhaus Jr. of OSI Systems Inc. reported a gift of 875 common shares to a charitable donor advised fund.

Summary

• William Ballhaus Jr., a director at OSI Systems Inc., reported a transaction on November 13, 2024.
• The transaction involved a gift of 875 common shares to a charitable donor advised fund.
• The shares were transferred directly, and the price was recorded as $0.
• Following the transaction, Mr. Ballhaus directly owns 4,914 common shares and indirectly owns 27,311 shares through the Ballhaus Trust.

Sentiment

Score: 5

Explanation: The document is a routine filing of a share transaction, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to changes in beneficial ownership by a company director, which is common in the corporate world.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders, such as directors, who trade in their company's stock.
• The reporting requirements are consistent across all publicly traded companies in the US.
• The gift of shares to a charitable fund is a common practice for executives and directors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a gift of shares by a director.
• The gift does not affect the company's operations or financial position.

Key Dates

Keywords

OSI Systems, William Ballhaus Jr., Director, Share Gift, Charitable Donation, Form 4, Beneficial Ownership