Form 4: Enovis CFO Phillip Berry Reports Tax Withholding Transaction

Enovis Corporation CFO Phillip Berry reported the withholding of 7,774 shares to satisfy tax obligations related to restricted stock units.

Summary

• Phillip Benjamin Berry, SVP and CFO of Enovis Corporation, executed a transaction on May 12, 2026.
• The transaction involved the withholding of 7,774 shares of common stock.
• The shares were withheld at a price of $25.99 per share.
• Following this transaction, the reporting person maintains beneficial ownership of 150,822 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a routine administrative transaction related to tax obligations rather than a strategic or market-driven move.

Positives

• The transaction was a mandatory tax withholding event rather than a discretionary open-market sale, indicating continued long-term alignment with the company.

Negatives

• Reduction in total share count held by the CFO due to tax settlement.

Risks

• None identified; this is a routine administrative transaction related to equity compensation.

Future Outlook

Not applicable as this is a retrospective disclosure of an insider transaction.

Management Comments

• The filing notes that the transaction represents shares withheld by the Company to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the reporting person.

Industry Context

StockSavvy.ai notes that tax withholding transactions are standard corporate governance procedures for executives receiving equity-based compensation and do not signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction follows standard SEC reporting requirements for executive equity compensation.
• Net settlement of restricted stock units is a common practice among publicly traded companies to manage tax liabilities for employees.

Stakeholder Impact

• No material impact on shareholders or company operations.

Next Steps

• None

Key Dates

Keywords

Enovis, ENOV, Form 4, Insider Trading, CFO, Equity Compensation