---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-012209"
form_type: "8-K"
ticker: "OFIX"
cik: "0000884624"
company_name: "Orthofix Medical Inc."
filed_at: "2023-04-07T23:59:59+00:00"
generated_at: "2026-06-17T04:49:33.065493+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Orthofix Medical updates compensation for President Global Spine Kevin Kenny

## Summary
- Base salary raised to $495,000, retroactive to Jan 5, 2023 merger close.
- Target 2023 annual cash bonus set at 70% of base salary.
- Granted $125,000 in time-based RSUs and $125,000 in stock options, vesting over 3 years.
- Performance-based RSUs of $100,000 tied to 2023 Global Spine financial metrics.
- Amended Jan 2023 equity grants to 3-year vesting; potential $100,000 one-time cash bonus.

## SEC filing metadata
- accession: 0000950170-23-012209
- form_type: 8-K
- ticker: OFIX
- cik: 0000884624
- company_name: Orthofix Medical Inc.
- filed_at: 2023-04-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884624/000095017023012209/0000950170-23-012209-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884624/000095017023012209/ofix-20230404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-012209
- JSON: https://secwatch.observer/filing/0000950170-23-012209.json
- Plain text: https://secwatch.observer/filing/0000950170-23-012209.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.