Form 4: Boston Scientific EVP Arthur Butcher Reports Stock Transactions
SEC Form 4
Arthur Butcher, EVP & Group President at Boston Scientific, reports the acquisition and disposal of company stock and restricted stock units.
Summary
- Arthur Butcher, an EVP at Boston Scientific, reported transactions involving the company's common stock and restricted stock units on May 2, 2025.
- Butcher acquired 2,102 shares of common stock upon the vesting of restricted stock units.
- He also disposed of 1,017 shares to cover tax obligations at a price of $104.93 per share.
- Following these transactions, Butcher directly owns 23,320 shares of common stock and indirectly owns 13,360 shares through a 401(k) plan.
- He also directly owns 2,102 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which is neutral in sentiment.
Future Outlook
Shares of common stock related to the restricted stock units will be issued to the reporting person in four equal annual installments beginning on May 2, 2023.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This filing indicates the executive's compensation and alignment with shareholder interests.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The disposal of shares to cover tax obligations is a standard practice and unlikely to significantly affect stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/02/2023 | First anniversary of the date of grant for restricted stock units, with shares of common stock to be issued in four equal annual installments. |
| 05/02/2025 | Date of transaction: Acquisition of 2,102 shares via restricted stock units and disposal of 1,017 shares for tax obligations. |
| 05/02/2026 | Expiration date for restricted stock units. |
Keywords
Form 4, Boston Scientific, BSX, Arthur Butcher, Stock Transaction, Restricted Stock Units, Beneficial Ownership, EVP
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