Form 4: Director Cheryl Pegus Increases Stake in Boston Scientific
Insider Transaction Report
Boston Scientific Director Cheryl Pegus purchased 1,770 shares of common stock at an average price of $56.49.
Summary
- Director Cheryl Pegus acquired 1,770 shares of Boston Scientific Corporation (BSX) common stock.
- The transaction occurred on May 20, 2026.
- The shares were purchased at a weighted average price of $56.49 per share, with individual transaction prices ranging from $56.49 to $56.5009.
- Following this transaction, the reporting person holds 1,770 shares directly.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive signal, as it reflects direct financial commitment from a member of the board of directors.
Positives
- Insider confidence is demonstrated by a director purchasing shares with personal capital.
Negatives
- None identified.
Risks
- Market volatility affecting the value of the acquired equity.
Future Outlook
Not applicable as this is a routine insider transaction report.
Industry Context
StockSavvy.ai notes that director-level insider buying is generally viewed as a positive signal of long-term confidence in the company's strategic direction within the medical device sector.
Comparison to Industry Standards
- Insider purchases by board members are standard corporate governance activities and align with typical market behavior for large-cap healthcare companies.
Stakeholder Impact
- Shareholders may view this as a sign of internal confidence in the company's valuation.
Next Steps
- No further actions required by the reporting person regarding this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the stock purchase transaction. |
| 05/21/2026 | Date of the filing of the Form 4. |
Keywords
Boston Scientific, BSX, Insider Trading, Form 4, Director Purchase, Equity Ownership
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