Massimo Calafiore - 10 Jan 2025 Form 4 Insider Report for Orthofix Medical Inc. (OFIX)

Signature
/s/ Geoffrey Gillespie, attorney-in-fact
Issuer symbol
OFIX
Transactions as of
10 Jan 2025
Net transactions value
-$327,376
Form type
4
Filing time
14 Jan 2025, 16:27:50 UTC
Previous filing
10 Jan 2024
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFIX Common Stock Sale $169,619 -10,078 -7% $16.83 133,354 10 Jan 2025 Direct F1, F2, F3
transaction OFIX Common Stock Sale $157,757 -9,203 -6.9% $17.14 124,151 13 Jan 2025 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock sold to satisfy tax withholding obligations in connection with the settlement of restricted stock units, pursuant to a pre-existing sell-to-cover requirement previously approved and mandated by the Compensation and Talent Development Committee of the Company's Board of Directors (the administrator of the plan pursuant to which such restricted stock units were granted). Such sale was made without the exercise of any discretion by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.525 to $17.08, inclusive. The reporting person undertakes to provide to Orthofix Medical Inc., any security holder of Orthofix Medical Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) to this Form 4.
F3 Includes 94,057 previously reported restricted stock units.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.79 to $17.27, inclusive.