Form 4: Conmed Corp Executive Richard Glaze Reports Stock Transactions

Richard Glaze, Chief Information Officer at Conmed Corp, reports the acquisition of 375 shares and disposal of 118 shares of common stock on November 20, 2024.

Summary

• Richard Glaze, the Chief Information Officer of Conmed Corp, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On November 20, 2024, Mr. Glaze acquired 375 shares of common stock through the vesting of restricted stock units (RSUs).
• Also on November 20, 2024, Mr. Glaze disposed of 118 shares of common stock at a price of $70.69 per share.
• Following these transactions, Mr. Glaze directly owns 257 shares of common stock and 1,125 RSUs.
• The RSUs vest in equal amounts (25%) over a four-year period.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by an executive, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The vesting schedule of the RSUs, with 25% vesting annually over four years, is a common practice in executive compensation packages.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they represent a small portion of the total outstanding shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, RSUs, Conmed Corp, CNMD, Richard Glaze, Chief Information Officer