Form 4: OSI Systems Inc. Chief Accounting Officer Reports Stock Transaction

Cary M. Okawa, Chief Accounting Officer of OSI Systems Inc., reported a transaction involving the withholding of 25 shares of common stock to cover tax obligations.

Summary

• Cary M. Okawa, the Chief Accounting Officer of OSI Systems Inc., filed a Form 4 indicating a transaction on November 22, 2024.
• The transaction involved the withholding of 25 shares of common stock to cover tax obligations.
• The price per share for the transaction was $165.33.
• Following the transaction, Mr. Okawa directly owns 2,377 shares of OSI Systems Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral event.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the stock ownership of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, as mandated by the Securities and Exchange Commission (SEC).
• Similar filings are made by executives at companies like General Electric, Johnson & Johnson, and Apple when they engage in stock transactions.
• The reporting requirements are consistent across all companies listed on US stock exchanges.

Stakeholder Impact

• This transaction has a minimal impact on shareholders as it is a routine tax withholding for an executive.

Key Dates

Keywords

OSI Systems Inc., Form 4, insider trading, stock transaction, Cary M. Okawa, Chief Accounting Officer, tax withholding, share ownership