Form 4: Avanos Medical Director Julie Shimer Acquires 12,003 Shares Through Restricted Stock Units

Director Julie Shimer acquired 12,003 shares of Avanos Medical, Inc. through restricted stock units on January 2, 2025.

Summary

• Julie Shimer, a director at Avanos Medical, Inc., acquired 12,003 shares of common stock on January 2, 2025.
• The acquisition was through the issuance of restricted stock units (RSUs) under the company's Outside Directors' Compensation Plan.
• The price per share for the RSU grant was $0.
• Following this transaction, Ms. Shimer's total direct holdings in Avanos Medical, Inc. increased to 62,093 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There is no indication of any negative or unexpected events.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The use of RSUs aligns director compensation with shareholder interests.

Industry Context

This is a standard transaction for director compensation in publicly traded companies, aligning director interests with shareholders through equity grants.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) for director compensation is a common practice among publicly traded companies.
• Many companies in the medical device industry use similar compensation plans to attract and retain board members.
• The number of shares granted is typical for a director's compensation package, but the specific amount varies based on company size and performance.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

Keywords

Avanos Medical, Director, Julie Shimer, Restricted Stock Units, RSU, Share Acquisition, Insider Trading, Director Compensation