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

Sentiment:

SEC Filing


Vance R. Brown, SVP, GC and Corp. Secretary of Boston Scientific, reports the sale of 4,826 shares of common stock at a price of $95.09 per share on April 21, 2025, under a pre-established Rule 10b5-1 trading plan.

Summary

  • On April 21, 2025, Vance R. Brown, the SVP, GC and Corp. Secretary of Boston Scientific, sold 4,826 shares of Boston Scientific common stock.
  • The sale was executed at a price of $95.09 per share.
  • Following the transaction, Brown directly owns 36,193 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 it is a standard disclosure of an insider stock sale under a pre-existing trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a pre-established trading plan mitigates this concern.

Key Dates

DateDescription
November 21, 2024Date of adoption of the Rule 10b5-1 trading plan.
April 21, 2025Date of the stock sale transaction.
April 22, 2025Date of the signature on the Form 4 filing.

Keywords

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

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