Form 4: OSI Systems Director William Ballhaus Sells Shares
SEC Form 4 Filing
Director William Ballhaus of OSI Systems Inc. (OSIS) sold 675 shares of common stock at a price of $133.98 on May 8, 2024.
Summary
- On May 8, 2024, William Francis Ballhaus JR, a director of OSI Systems Inc. (OSIS), sold 675 shares of common stock.
- The sale price was $133.98 per share.
- Following the transaction, Mr. Ballhaus directly owns 5,794 shares and indirectly owns 25,907 shares through the Ballhaus Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales of shares by company directors are a common occurrence and are publicly disclosed to ensure transparency. The sale itself doesn't necessarily indicate a negative outlook for the company, as directors may sell shares for various personal financial reasons.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/25/2002 | Date of Ballhaus Trust U/A |
| 05/08/2024 | Date of transaction: Sale of 675 shares of OSI Systems Inc. common stock |
| 05/09/2024 | Date of signature on the Form 4 filing |
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