[Form 4] OSI Systems Inc Insider Trading Activity
Form 4 overview 鈥� ONE Group Hospitality, Inc. (STKS)
On 06/27/2025, 10% owner David Kanen and related entities (Kanen Wealth Management LLC, Philotimo Fund LP, and Philotimo Focused Growth & Income Fund) filed a joint Form 4 reporting a single open-market sale of 24,431 Class A common shares at $4.61 per share, generating roughly $113,000 in proceeds.
Post-transaction, the group reports the following indirect and direct holdings:
- Kanen Wealth Management LLC (KWM): 2,289,867 shares
- David Kanen (direct): 20,237 shares
- Philotimo Focused Growth & Income Fund: 393,975 shares
- Philotimo Fund, LP: 1,970,000 shares
Total disclosed beneficial ownership across all reporting persons equals approximately 4.67 million shares, sustaining their >10% ownership status.
Key footnote insight: KWM鈥檚 reported share count declined because several managed accounts are no longer considered beneficially owned after account-holder deaths and other uncontrollable events. Aside from the 24,431-share sale, the change in reported ownership is administrative rather than transactional.
Investor takeaway: The disposal represents < ~0.5%> of the group鈥檚 aggregate position and does not materially alter their strategic stake. However, it signals modest insider selling and clarifies why prior filings showed higher share totals.
Panoramica del Modulo 4 鈥� ONE Group Hospitality, Inc. (STKS)
Il 27/06/2025, il proprietario del 10% David Kanen e le entit脿 correlate (Kanen Wealth Management LLC, Philotimo Fund LP e Philotimo Focused Growth & Income Fund) hanno presentato congiuntamente un Modulo 4 segnalando una singola vendita sul mercato aperto di 24.431 azioni ordinarie di Classe A a $4,61 per azione, generando circa 113.000 $ di ricavi.
Dopo la transazione, il gruppo riporta le seguenti partecipazioni dirette e indirette:
- Kanen Wealth Management LLC (KWM): 2.289.867 azioni
- David Kanen (diretto): 20.237 azioni
- Philotimo Focused Growth & Income Fund: 393.975 azioni
- Philotimo Fund, LP: 1.970.000 azioni
La propriet脿 beneficiaria totale dichiarata tra tutte le persone che riportano ammonta a circa 4,67 milioni di azioni, mantenendo il loro stato di proprietari con oltre il 10%.
Nota chiave: Il numero di azioni riportate da KWM 猫 diminuito perch茅 diversi conti gestiti non sono pi霉 considerati di propriet脿 beneficiaria a seguito di decessi dei titolari dei conti e altri eventi incontrollabili. A parte la vendita di 24.431 azioni, il cambiamento nella propriet脿 riportata 猫 di natura amministrativa piuttosto che transazionale.
Considerazioni per l鈥檌nvestitore: La cessione rappresenta meno dello < ~0,5%> della posizione aggregata del gruppo e non modifica sostanzialmente la loro partecipazione strategica. Tuttavia, segnala una modesta vendita interna e chiarisce perch茅 le precedenti dichiarazioni mostravano un numero maggiore di azioni.
Resumen del Formulario 4 鈥� ONE Group Hospitality, Inc. (STKS)
El 27/06/2025, el propietario del 10% David Kanen y entidades relacionadas (Kanen Wealth Management LLC, Philotimo Fund LP y Philotimo Focused Growth & Income Fund) presentaron conjuntamente un Formulario 4 reportando una 煤nica venta en mercado abierto de 24,431 acciones ordinarias Clase A a $4.61 por acci贸n, generando aproximadamente $113,000 en ingresos.
Tras la transacci贸n, el grupo reporta las siguientes participaciones directas e indirectas:
- Kanen Wealth Management LLC (KWM): 2,289,867 acciones
- David Kanen (directo): 20,237 acciones
- Philotimo Focused Growth & Income Fund: 393,975 acciones
- Philotimo Fund, LP: 1,970,000 acciones
La propiedad beneficiaria total divulgada entre todas las personas que reportan es aproximadamente 4.67 millones de acciones, manteniendo su estatus de m谩s del 10% de propiedad.
Nota clave: El conteo de acciones reportado por KWM disminuy贸 porque varias cuentas gestionadas ya no se consideran propiedad beneficiaria tras fallecimientos de titulares de cuentas y otros eventos fuera de control. Aparte de la venta de 24,431 acciones, el cambio en la propiedad reportada es administrativo m谩s que transaccional.
Conclusi贸n para inversores: La venta representa menos del < ~0.5%> de la posici贸n agregada del grupo y no altera materialmente su participaci贸n estrat茅gica. Sin embargo, indica una venta interna modesta y aclara por qu茅 presentaciones previas mostraban totales de acciones m谩s altos.
Form 4 臧滌殧 鈥� ONE Group Hospitality, Inc. (STKS)
2025雲� 6鞗� 27鞚�, 10% 歆�攵� 氤挫湢鞛� David Kanen瓿� 甏�霠� 旮瓣磤霌�(Kanen Wealth Management LLC, Philotimo Fund LP, Philotimo Focused Growth & Income Fund)鞚� 瓿惦彊鞙茧 Form 4毳� 鞝滌稖頃橃棳 24,431欤� Class A 氤错喌欤茧ゼ 欤茧嫻 $4.61鞐� 瓿店皽鞁滌灔 毵る弰頃橃榾鞙茧┌, 鞎� $113,000鞚� 靾橃澋鞚� 彀届稖頄堨姷雼堧嫟.
瓯半灅 頉�, 攴鸽９鞚� 雼れ潓瓿� 臧欖潃 歆侅爲 氚� 臧勳爲 氤挫湢 歆�攵勳潉 氤搓碃頄堨姷雼堧嫟:
- Kanen Wealth Management LLC (KWM): 2,289,867欤�
- David Kanen (歆侅爲 氤挫湢): 20,237欤�
- Philotimo Focused Growth & Income Fund: 393,975欤�
- Philotimo Fund, LP: 1,970,000欤�
氇摖 氤搓碃鞛愲摛鞚� 齑� 瓿店皽霅� 鞁れ 靻岇湢 欤检嫕 靾橂姅 鞎� 467毵� 欤�搿�, 10% 鞚挫儊鞚� 靻岇湢 靸來儨毳� 鞙犾頃橁碃 鞛堨姷雼堧嫟.
欤检殧 欤检劃: KWM鞚� 氤搓碃霅� 欤检嫕 靾� 臧愳唽電� 鞐煬 甏�毽� 瓿勳臧� 瓿勳 靻岇湢鞛愳潣 靷 氚� 旮绊儉 韱奠牅 攵堦皜電ロ暅 靷贝鞙茧 鞚疙暣 雿� 鞚挫儊 鞁れ 靻岇湢搿� 臧勳＜霅橃 鞎婈赴 霑岆鞛呺媹雼�. 24,431欤� 毵る弰毳� 鞝滌櫢頃橂┐ 氤搓碃霅� 靻岇湢甓� 氤�瓴届潃 瓯半灅氤措嫟電� 頄夓爼鞝侅澑 靹标博鞛呺媹雼�.
韴瀽鞛� 鞁滌偓鞝�: 鞚措矆 毵る弰電� 攴鸽９ 鞝勳泊 歆�攵勳潣 鞎� < ~0.5%>鞐� 頃措嫻頃橂┌ 鞝勲灥鞝� 歆�攵勳棎 韥� 氤�頇旊ゼ 欤检 鞎婌姷雼堧嫟. 頃橃毵� 雮措秬鞛� 毵る弰臧� 雼れ唽 鞛堨潓鞚� 鞁滌偓頃橂┌ 鞚挫爠 鞝滌稖靹滊鞐愳劀 欤检嫕 靾橁皜 雿� 毵庫晿雿� 鞚挫湢毳� 靹る獏頃╇媹雼�.
Vue d'ensemble du Formulaire 4 鈥� ONE Group Hospitality, Inc. (STKS)
Le 27/06/2025, le d茅tenteur de 10% David Kanen et les entit茅s associ茅es (Kanen Wealth Management LLC, Philotimo Fund LP et Philotimo Focused Growth & Income Fund) ont conjointement d茅pos茅 un Formulaire 4 signalant une vente unique sur le march茅 ouvert de 24 431 actions ordinaires de Classe A 脿 4,61 $ par action, g茅n茅rant environ 113 000 $ de recettes.
Apr猫s la transaction, le groupe d茅clare les participations directes et indirectes suivantes :
- Kanen Wealth Management LLC (KWM) : 2 289 867 actions
- David Kanen (direct) : 20 237 actions
- Philotimo Focused Growth & Income Fund : 393 975 actions
- Philotimo Fund, LP : 1 970 000 actions
La propri茅t茅 b茅n茅ficiaire totale divulgu茅e parmi toutes les personnes d茅clarantes s鈥櫭﹍猫ve 脿 environ 4,67 millions d鈥檃ctions, maintenant leur statut de d茅tenteur de plus de 10%.
Note cl茅 : Le nombre d鈥檃ctions d茅clar茅 par KWM a diminu茅 car plusieurs comptes g茅r茅s ne sont plus consid茅r茅s comme b茅n茅ficiaires suite au d茅c猫s des titulaires de comptes et 脿 d鈥檃utres 茅v茅nements incontr么lables. Hormis la vente de 24 431 actions, le changement de propri茅t茅 d茅clar茅 est de nature administrative plut么t que transactionnelle.
脌 retenir pour les investisseurs : La cession repr茅sente moins de < ~0,5%> de la position globale du groupe et ne modifie pas significativement leur participation strat茅gique. Cependant, elle signale une vente mod茅r茅e d鈥檌niti茅s et explique pourquoi les d茅clarations pr茅c茅dentes affichaient un total d鈥檃ctions plus 茅lev茅.
Formular 4 脺berblick 鈥� ONE Group Hospitality, Inc. (STKS)
Am 27.06.2025 reichten der 10%-Eigent眉mer David Kanen und verbundene Einheiten (Kanen Wealth Management LLC, Philotimo Fund LP und Philotimo Focused Growth & Income Fund) gemeinsam ein Formular 4 ein, das einen einzelnen Verkauf von 24.431 Class A Stammaktien zu je 4,61 $ im offenen Markt meldet und dabei etwa 113.000 $ Erl枚s erzielte.
Nach der Transaktion meldet die Gruppe folgende direkte und indirekte Beteiligungen:
- Kanen Wealth Management LLC (KWM): 2.289.867 Aktien
- David Kanen (direkt): 20.237 Aktien
- Philotimo Focused Growth & Income Fund: 393.975 Aktien
- Philotimo Fund, LP: 1.970.000 Aktien
Die insgesamt offengelegte wirtschaftliche Eigent眉merschaft aller meldenden Personen bel盲uft sich auf etwa 4,67 Millionen Aktien und sichert ihren Status als Eigent眉mer von mehr als 10%.
Wichtige Anmerkung: Die von KWM gemeldete Aktienzahl sank, da mehrere verwaltete Konten nach dem Tod der Kontoinhaber und anderen unkontrollierbaren Ereignissen nicht mehr als wirtschaftliches Eigentum gelten. Abgesehen vom Verkauf von 24.431 Aktien ist die 脛nderung der gemeldeten Eigent眉merschaft eher administrativer als transaktionaler Natur.
Investoren-Fazit: Der Verkauf entspricht weniger als < ~0,5%> der Gesamtposition der Gruppe und ver盲ndert deren strategischen Anteil nicht wesentlich. Er signalisiert jedoch einen moderaten Insider-Verkauf und erkl盲rt, warum fr眉here Meldungen h枚here Aktienzahlen auswiesen.
- None.
- Insider sale of 24,431 shares by a >10% owner may be perceived as a mildly negative sentiment signal, albeit financially immaterial.
- Reported beneficial ownership reduction鈥攅ven though largely administrative鈥攃ould be misinterpreted by investors as broader divestment.
Insights
TL;DR: Small 0.5% insider sale; stake still >10%, impact limited.
The reported 24,431-share sale at $4.61 trims Kanen鈥檚 indirect stake via KWM by a fraction, leaving the group with 4.67 million shares. The filing鈥檚 footnote shows that most reduction stems from managed accounts no longer under KWM鈥檚 control, not market disposals. Given the modest dollar value and unchanged strategic ownership status, I view the event as neutral for valuation. Liquidity or governance concerns do not arise.
TL;DR: Administrative ownership reclassification dominates; governance risk low.
The joint filing clarifies beneficial-ownership mechanics across multiple entities and upholds transparency. The sole market transaction is immaterial. Footnote 5 indicates proper compliance with Section 16 after losing discretionary authority over certain accounts鈥攁n expected governance step. No red flags emerge; insider alignment remains intact.
Panoramica del Modulo 4 鈥� ONE Group Hospitality, Inc. (STKS)
Il 27/06/2025, il proprietario del 10% David Kanen e le entit脿 correlate (Kanen Wealth Management LLC, Philotimo Fund LP e Philotimo Focused Growth & Income Fund) hanno presentato congiuntamente un Modulo 4 segnalando una singola vendita sul mercato aperto di 24.431 azioni ordinarie di Classe A a $4,61 per azione, generando circa 113.000 $ di ricavi.
Dopo la transazione, il gruppo riporta le seguenti partecipazioni dirette e indirette:
- Kanen Wealth Management LLC (KWM): 2.289.867 azioni
- David Kanen (diretto): 20.237 azioni
- Philotimo Focused Growth & Income Fund: 393.975 azioni
- Philotimo Fund, LP: 1.970.000 azioni
La propriet脿 beneficiaria totale dichiarata tra tutte le persone che riportano ammonta a circa 4,67 milioni di azioni, mantenendo il loro stato di proprietari con oltre il 10%.
Nota chiave: Il numero di azioni riportate da KWM 猫 diminuito perch茅 diversi conti gestiti non sono pi霉 considerati di propriet脿 beneficiaria a seguito di decessi dei titolari dei conti e altri eventi incontrollabili. A parte la vendita di 24.431 azioni, il cambiamento nella propriet脿 riportata 猫 di natura amministrativa piuttosto che transazionale.
Considerazioni per l鈥檌nvestitore: La cessione rappresenta meno dello < ~0,5%> della posizione aggregata del gruppo e non modifica sostanzialmente la loro partecipazione strategica. Tuttavia, segnala una modesta vendita interna e chiarisce perch茅 le precedenti dichiarazioni mostravano un numero maggiore di azioni.
Resumen del Formulario 4 鈥� ONE Group Hospitality, Inc. (STKS)
El 27/06/2025, el propietario del 10% David Kanen y entidades relacionadas (Kanen Wealth Management LLC, Philotimo Fund LP y Philotimo Focused Growth & Income Fund) presentaron conjuntamente un Formulario 4 reportando una 煤nica venta en mercado abierto de 24,431 acciones ordinarias Clase A a $4.61 por acci贸n, generando aproximadamente $113,000 en ingresos.
Tras la transacci贸n, el grupo reporta las siguientes participaciones directas e indirectas:
- Kanen Wealth Management LLC (KWM): 2,289,867 acciones
- David Kanen (directo): 20,237 acciones
- Philotimo Focused Growth & Income Fund: 393,975 acciones
- Philotimo Fund, LP: 1,970,000 acciones
La propiedad beneficiaria total divulgada entre todas las personas que reportan es aproximadamente 4.67 millones de acciones, manteniendo su estatus de m谩s del 10% de propiedad.
Nota clave: El conteo de acciones reportado por KWM disminuy贸 porque varias cuentas gestionadas ya no se consideran propiedad beneficiaria tras fallecimientos de titulares de cuentas y otros eventos fuera de control. Aparte de la venta de 24,431 acciones, el cambio en la propiedad reportada es administrativo m谩s que transaccional.
Conclusi贸n para inversores: La venta representa menos del < ~0.5%> de la posici贸n agregada del grupo y no altera materialmente su participaci贸n estrat茅gica. Sin embargo, indica una venta interna modesta y aclara por qu茅 presentaciones previas mostraban totales de acciones m谩s altos.
Form 4 臧滌殧 鈥� ONE Group Hospitality, Inc. (STKS)
2025雲� 6鞗� 27鞚�, 10% 歆�攵� 氤挫湢鞛� David Kanen瓿� 甏�霠� 旮瓣磤霌�(Kanen Wealth Management LLC, Philotimo Fund LP, Philotimo Focused Growth & Income Fund)鞚� 瓿惦彊鞙茧 Form 4毳� 鞝滌稖頃橃棳 24,431欤� Class A 氤错喌欤茧ゼ 欤茧嫻 $4.61鞐� 瓿店皽鞁滌灔 毵る弰頃橃榾鞙茧┌, 鞎� $113,000鞚� 靾橃澋鞚� 彀届稖頄堨姷雼堧嫟.
瓯半灅 頉�, 攴鸽９鞚� 雼れ潓瓿� 臧欖潃 歆侅爲 氚� 臧勳爲 氤挫湢 歆�攵勳潉 氤搓碃頄堨姷雼堧嫟:
- Kanen Wealth Management LLC (KWM): 2,289,867欤�
- David Kanen (歆侅爲 氤挫湢): 20,237欤�
- Philotimo Focused Growth & Income Fund: 393,975欤�
- Philotimo Fund, LP: 1,970,000欤�
氇摖 氤搓碃鞛愲摛鞚� 齑� 瓿店皽霅� 鞁れ 靻岇湢 欤检嫕 靾橂姅 鞎� 467毵� 欤�搿�, 10% 鞚挫儊鞚� 靻岇湢 靸來儨毳� 鞙犾頃橁碃 鞛堨姷雼堧嫟.
欤检殧 欤检劃: KWM鞚� 氤搓碃霅� 欤检嫕 靾� 臧愳唽電� 鞐煬 甏�毽� 瓿勳臧� 瓿勳 靻岇湢鞛愳潣 靷 氚� 旮绊儉 韱奠牅 攵堦皜電ロ暅 靷贝鞙茧 鞚疙暣 雿� 鞚挫儊 鞁れ 靻岇湢搿� 臧勳＜霅橃 鞎婈赴 霑岆鞛呺媹雼�. 24,431欤� 毵る弰毳� 鞝滌櫢頃橂┐ 氤搓碃霅� 靻岇湢甓� 氤�瓴届潃 瓯半灅氤措嫟電� 頄夓爼鞝侅澑 靹标博鞛呺媹雼�.
韴瀽鞛� 鞁滌偓鞝�: 鞚措矆 毵る弰電� 攴鸽９ 鞝勳泊 歆�攵勳潣 鞎� < ~0.5%>鞐� 頃措嫻頃橂┌ 鞝勲灥鞝� 歆�攵勳棎 韥� 氤�頇旊ゼ 欤检 鞎婌姷雼堧嫟. 頃橃毵� 雮措秬鞛� 毵る弰臧� 雼れ唽 鞛堨潓鞚� 鞁滌偓頃橂┌ 鞚挫爠 鞝滌稖靹滊鞐愳劀 欤检嫕 靾橁皜 雿� 毵庫晿雿� 鞚挫湢毳� 靹る獏頃╇媹雼�.
Vue d'ensemble du Formulaire 4 鈥� ONE Group Hospitality, Inc. (STKS)
Le 27/06/2025, le d茅tenteur de 10% David Kanen et les entit茅s associ茅es (Kanen Wealth Management LLC, Philotimo Fund LP et Philotimo Focused Growth & Income Fund) ont conjointement d茅pos茅 un Formulaire 4 signalant une vente unique sur le march茅 ouvert de 24 431 actions ordinaires de Classe A 脿 4,61 $ par action, g茅n茅rant environ 113 000 $ de recettes.
Apr猫s la transaction, le groupe d茅clare les participations directes et indirectes suivantes :
- Kanen Wealth Management LLC (KWM) : 2 289 867 actions
- David Kanen (direct) : 20 237 actions
- Philotimo Focused Growth & Income Fund : 393 975 actions
- Philotimo Fund, LP : 1 970 000 actions
La propri茅t茅 b茅n茅ficiaire totale divulgu茅e parmi toutes les personnes d茅clarantes s鈥櫭﹍猫ve 脿 environ 4,67 millions d鈥檃ctions, maintenant leur statut de d茅tenteur de plus de 10%.
Note cl茅 : Le nombre d鈥檃ctions d茅clar茅 par KWM a diminu茅 car plusieurs comptes g茅r茅s ne sont plus consid茅r茅s comme b茅n茅ficiaires suite au d茅c猫s des titulaires de comptes et 脿 d鈥檃utres 茅v茅nements incontr么lables. Hormis la vente de 24 431 actions, le changement de propri茅t茅 d茅clar茅 est de nature administrative plut么t que transactionnelle.
脌 retenir pour les investisseurs : La cession repr茅sente moins de < ~0,5%> de la position globale du groupe et ne modifie pas significativement leur participation strat茅gique. Cependant, elle signale une vente mod茅r茅e d鈥檌niti茅s et explique pourquoi les d茅clarations pr茅c茅dentes affichaient un total d鈥檃ctions plus 茅lev茅.
Formular 4 脺berblick 鈥� ONE Group Hospitality, Inc. (STKS)
Am 27.06.2025 reichten der 10%-Eigent眉mer David Kanen und verbundene Einheiten (Kanen Wealth Management LLC, Philotimo Fund LP und Philotimo Focused Growth & Income Fund) gemeinsam ein Formular 4 ein, das einen einzelnen Verkauf von 24.431 Class A Stammaktien zu je 4,61 $ im offenen Markt meldet und dabei etwa 113.000 $ Erl枚s erzielte.
Nach der Transaktion meldet die Gruppe folgende direkte und indirekte Beteiligungen:
- Kanen Wealth Management LLC (KWM): 2.289.867 Aktien
- David Kanen (direkt): 20.237 Aktien
- Philotimo Focused Growth & Income Fund: 393.975 Aktien
- Philotimo Fund, LP: 1.970.000 Aktien
Die insgesamt offengelegte wirtschaftliche Eigent眉merschaft aller meldenden Personen bel盲uft sich auf etwa 4,67 Millionen Aktien und sichert ihren Status als Eigent眉mer von mehr als 10%.
Wichtige Anmerkung: Die von KWM gemeldete Aktienzahl sank, da mehrere verwaltete Konten nach dem Tod der Kontoinhaber und anderen unkontrollierbaren Ereignissen nicht mehr als wirtschaftliches Eigentum gelten. Abgesehen vom Verkauf von 24.431 Aktien ist die 脛nderung der gemeldeten Eigent眉merschaft eher administrativer als transaktionaler Natur.
Investoren-Fazit: Der Verkauf entspricht weniger als < ~0,5%> der Gesamtposition der Gruppe und ver盲ndert deren strategischen Anteil nicht wesentlich. Er signalisiert jedoch einen moderaten Insider-Verkauf und erkl盲rt, warum fr眉here Meldungen h枚here Aktienzahlen auswiesen.
FAQ
How many STKS shares did David Kanen sell on 06/27/2025?
What is the total STKS stake held by Kanen-affiliated entities after the sale?
Why did Kanen Wealth Management鈥檚 reported ownership decline?
Does the filing affect Kanen鈥檚 >10% owner status in ONE Group Hospitality?
Was any derivative security activity reported in this Form 4?
