Form 4: Boston Scientific Executive Arthur C. Butcher Reports Share Transactions
SEC Form 4 Filing
Executive Arthur C. Butcher reports acquisition and disposal of Boston Scientific shares, including performance share units and transactions related to a 401(k) plan.
Summary
- Arthur C. Butcher, an Executive Vice President at Boston Scientific, reported transactions involving the company's common stock on February 11, 2025.
- Butcher acquired 20,366 shares of common stock at $0.00, likely related to performance share units.
- He disposed of 9,847 shares at a price of $105.98.
- Following these transactions, Butcher directly owns 16,021 shares and indirectly owns 13,364 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive stock transactions, indicating neither positive nor negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- Shareholders can monitor insider transactions for insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/16/2022 | Reporting person was awarded performance share units under the Company's 2022 Total Shareholder Return Performance Share Program. |
| 12/31/2024 | End of the three-year performance cycle for the performance share units. |
| 02/11/2025 | Date of the reported transactions: acquisition and disposal of shares. |
| 02/13/2025 | Date of signature on the Form 4 filing. |
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