Form 4: Boston Scientific Executive Sells Shares in Recent Transaction
SEC Form 4 Filing
Emily Woodworth, a Senior Vice President at Boston Scientific, sold 1,336 shares of common stock at an average price of $90.6476 on November 27, 2024.
Summary
- Emily Woodworth, a Senior Vice President at Boston Scientific, sold 1,336 shares of the company's common stock on November 27, 2024.
- The shares were sold at a weighted average price of $90.6476 per share.
- The sale was executed in multiple transactions with prices ranging from $90.6202 to $90.6538.
- Following the transaction, Ms. Woodworth directly owns 2,957 shares of Boston Scientific common stock.
- This total includes shares acquired on June 30, 2024, under the company's Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a neutral report of a routine stock sale by an executive, with no indication of positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who trade their company's stock. It provides transparency into insider transactions.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States.
- Executives at comparable medical device companies such as Medtronic and Abbott also regularly file Form 4s when they trade their company's stock.
- The volume of shares sold is relatively small compared to the total outstanding shares of Boston Scientific, suggesting this is a personal transaction rather than a significant market event.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors due to the small volume of shares sold.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Shares acquired under the Company's Employee Stock Purchase Plan. |
| 11/27/2024 | Date of the stock sale transaction. |
| 12/02/2024 | Date the form was signed. |
Keywords
Boston Scientific, stock sale, insider trading, executive transaction, common stock, Emily Woodworth
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