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

Sentiment:

SEC Filing


Heath H. Galloway, EVP, General Counsel & CorpSecy of Owens & Minor, sold shares to cover tax obligations related to vesting restricted stock.

Summary

  • On May 19, 2025, Heath H. Galloway, an executive at Owens & Minor, sold 1,768 shares of common stock to cover tax withholding obligations.
  • The sale price was $7.38 per share.
  • Following the transaction, Galloway directly owns 117,044 shares of Owens & Minor stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations and doesn't indicate a significant change in sentiment towards the company.

Industry Context

Executive stock sales for tax purposes are a common occurrence, particularly around vesting events for restricted stock units. This is a normal part of executive compensation and financial planning.

Key Dates

DateDescription
05/19/2025Date of transaction: Sale of common stock.
05/20/2025Date of signature on the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, OMI, Owens & Minor, Galloway, Heath H. Galloway, Executive Compensation, Stock Sale, Tax Withholding

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