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

Perry A. Bernocchi, EVP, CEO, Patient Direct at Owens & Minor, sold shares to cover tax obligations related to vesting restricted stock.

Summary

• On May 15, 2025, Perry A. Bernocchi, an EVP and CEO of Patient Direct at Owens & Minor, Inc., disposed of 13,394 shares of common stock.
• The shares were surrendered to the issuer to satisfy tax withholding obligations related to the vesting of restricted stock.
• The transaction was executed at a price of $7 per share.
• Following the transaction, Bernocchi directly owns 233,966 shares of Owens & Minor common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an executive's stock transactions for tax purposes. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations from vesting restricted stock, a common practice.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Owens & Minor, OMI, Perry A. Bernocchi, Tax Withholding, Restricted Stock, Executive Compensation