Form 4: Boston Scientific SVP, GC and Corp. Secretary Vance R. Brown Reports Stock Sale

Vance R. Brown, SVP, GC and Corp. Secretary of Boston Scientific, sold 4,826 shares of common stock at a price of $104.64 per share on February 21, 2025, according to a Form 4 filing.

Summary

• On February 21, 2025, Vance R. Brown, SVP, GC and Corp. Secretary of Boston Scientific (BSX), sold 4,826 shares of common stock.
• The sale was executed at a price of $104.64 per share.
• Following the transaction, Brown directly owns 45,845 shares of Boston Scientific common stock.
• The transaction was conducted under a pre-established Rule 10b5-1 trading plan adopted on November 21, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction was pre-planned under a Rule 10b5-1 trading plan and doesn't necessarily reflect a change in the insider's outlook on the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The stock sale by a company insider could be perceived neutrally by shareholders, given the pre-planned nature of the transaction.

Key Dates

Keywords

Form 4, Boston Scientific, BSX, Vance R. Brown, Stock Sale, Rule 10b5-1, Insider Trading