Form 4: Owens & Minor CEO Edward Pesicka Sells Shares to Cover Tax Obligations

Edward Pesicka, CEO of Owens & Minor, sold 14,715 shares of common stock on March 20, 2025, to cover tax obligations related to vesting restricted stock.

Summary

• On March 20, 2025, Edward A. Pesicka, the President and CEO of Owens & Minor, Inc., disposed of 14,715 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock.
• The shares were sold at a price of $10.09 per share.
• Following the transaction, Pesicka directly owns 1,184,630 shares of Owens & Minor common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, as it simply reports a factual event.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like CEOs and directors, trade their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares.

Stakeholder Impact

• The sale of shares by the CEO could have a minor negative impact on shareholder sentiment, although it is a common practice to cover tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Edward Pesicka, Owens & Minor, OMI, Stock Sale, Tax Obligations, Restricted Stock