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

Sentiment:

SEC Form 4 Filing


Edward A. Pesicka, President & CEO of Owens & Minor, Inc., disposed of 35,208 shares of common stock on May 15, 2025, to cover tax obligations related to vesting restricted stock.

Summary

  • On May 15, 2025, Edward A. Pesicka, the President & CEO of Owens & Minor, Inc., disposed of 35,208 shares of common stock.
  • The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock.
  • Following the transaction, Pesicka directly owns 1,149,422 shares of Owens & Minor common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of executive compensation and are used to disclose transactions in company stock by insiders. This transaction is related to tax obligations and is not necessarily indicative of a change in the executive's view of the company's prospects.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is related to tax obligations and does not represent a significant change in ownership.

Key Dates

DateDescription
05/15/2025Date of transaction: Edward A. Pesicka disposed of shares.
05/16/2025Date of signature on the report.

Keywords

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

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