Company: OSIS
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001410578-25-001066
Chunk: 3

Company: OSI SYSTEMS INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Part II, Item 1L
Chunk 3
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ITEM 1. LEGAL PROCEEDINGS

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From time to time, we are subject to legal proceedings, claims, and litigation arising in the ordinary course of our business or otherwise. More information regarding legal proceedings in which we are involved can be found under Note 10, “Commitments and Contingencies” of the Notes to the Consolidated Financial Statements in Part I, Item 1 of this Report, which is incorporated by reference into this Item 1.

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ITEM 1A. RISK FACTORS

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The discussion of our business, financial condition and results of operations in this Quarterly Report on Form 10-Q for the period ended March 31, 2025 should be read together with the risk factors contained in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the SEC on August 29, 2024, which describe various risks and uncertainties that could materially affect our business, financial condition and results of operations in the future. There have been no material changes to the risk factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024.

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ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

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None.

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ITEM 3. DEFAULTS UPON SENIOR SECURITIES

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None

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ITEM 4. MINE SAFETY DISCLOSURES

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Not applicable

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ITEM 5. OTHER INFORMATION

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Rule 10b5 - 1 Trading Plans

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On March 12, 2025, Deepak Chopra, our Executive Chairman, adopted a Rule 10b5 - 1 trading arrangement intended to satisfy the affirmative defense of Rule 10b5 - 1 (c) for the sale of up to 80,000 shares of our common stock until May 15, 2026. None of our other directors or officers informed us during the quarter ended March 31, 2025 of the adoption, modification or termination of a Rule 10b5 - 1 trading arrangement or non - Rule 10b5 - 1 trading arrangement, as those terms are defined in Regulation S - K, Item 408.

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