Form 4: Envista Holdings CFO Eric D. Hammes Reports Acquisition and Disposal of Common Stock

Sentiment:

SEC Form 4


Chief Financial Officer of Envista Holdings, Eric D. Hammes, reports the acquisition of 64,175 shares and disposal of shares resulting in a holding of 88,707 shares of common stock.

Summary

  • On August 25, 2024, Eric D. Hammes, the Chief Financial Officer of Envista Holdings Corp, reported a transaction involving the company's common stock.
  • Hammes acquired 64,175 shares of common stock at $0.
  • Hammes disposed of shares resulting in a total of 88,707 shares beneficially owned following the reported transaction.
  • The report also indicates that Hammes holds Restricted Stock Units (RSUs) which will vest in installments on August 25 of 2025, 2026 and 2027.
  • Each RSU will convert into one share of Envista Holdings Corp's common stock.

Sentiment

Score: 5

Explanation: This is a standard regulatory filing related to stock transactions by a company insider, and doesn't inherently convey positive or negative sentiment. It's a factual report.

Future Outlook

The document outlines the vesting schedule for Restricted Stock Units (RSUs) held by Eric D. Hammes, with future vesting dates in 2025, 2026, and 2027.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into the transactions of company stock by its executives.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of company stock by its executives.

Key Dates

DateDescription
08/25/2024Date of transaction involving common stock and RSUs.
08/25/2025Vesting date for 21,391 shares of common stock from RSUs.
08/25/2026Vesting date for 21,392 shares of common stock from RSUs.
08/25/2027Vesting date for 21,392 shares of common stock from RSUs.
08/27/2024Date of signature on the Form 4 filing.

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