AVNS.NYSEAvanos Medical, INC

Form 4: Avanos Medical SVP Mojirade James Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing

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Mojirade James, SVP and General Counsel of Avanos Medical, reports disposing of shares to cover tax obligations following the vesting of restricted stock units.

Summary

  • On March 6, 2025, Mojirade James, SVP and General Counsel of Avanos Medical, disposed of 1,846 shares of common stock at $15.3 per share to cover tax obligations related to the vesting of 6,712 time-based restricted share units (TRSUs) awarded on March 6, 2023.
  • Additionally, James disposed of 2,785 shares of common stock at $15.3 per share to cover tax obligations related to the vesting of 10,129 time-based restricted share units (TRSUs) awarded on March 6, 2024.
  • Following these transactions, James directly owns 69,017 shares of Avanos Medical common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in insider ownership.

Key Dates

DateDescription
03/06/20236,712 time-based restricted share units (TRSUs) were awarded to the Reporting Person.
03/06/202410,129 time-based restricted share units (TRSUs) were awarded to the Reporting Person.
03/06/2025Vesting date of TRSUs and stock disposal for tax obligations.
03/10/2025Date of Form 4 signature.

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