Form 4: Boston Scientific EVP John Bradley Sorenson Reports Stock Transactions
SEC Form 4
John Bradley Sorenson, EVP of Global Operations at Boston Scientific, reported the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 12, 2025, John Bradley Sorenson, EVP of Global Operations at Boston Scientific, reported transactions involving Boston Scientific common stock.
- Sorenson vested 1,731 restricted stock units, each representing the right to receive one share of Boston Scientific common stock.
- 530 shares were withheld to cover tax obligations at a price of $105.77 per share.
- Following these transactions, Sorenson directly owns 25,494 shares of Boston Scientific common stock and 5,193 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation, with no indication of positive or negative sentiment.
Future Outlook
Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 12, 2025, the first anniversary of the date of grant.
Industry Context
Executive stock transactions are a routine part of executive compensation and are closely monitored by investors for insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of stock transaction and vesting of restricted stock units. |
| 02/12/2025 | First vesting date of restricted stock units. |
| 02/12/2028 | Expiration date of restricted stock units. |
| 02/14/2025 | Date of Form 4 filing. |
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