Form 4: Envista Holdings Corp: Executive Nance Mark E Reports Stock Transaction
SEC Form 4 Filing
Mark E Nance, General Counsel of Envista Holdings Corp, reports the disposal of 491 shares to cover tax obligations related to vesting Restricted Stock Units on July 15, 2024.
Summary
- On July 15, 2024, Mark E Nance, the General Counsel of Envista Holdings Corp, disposed of 491 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of stock-settled Restricted Stock Units (RSUs).
- The shares were sold at a price of $15.94 per share.
- Following the transaction, Nance directly owns 57,481 shares of Envista Holdings Corp.
- The transaction was reported on July 17, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vesting RSUs, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of stock transaction (disposal of shares). |
| 07/17/2024 | Date of Form 4 filing. |
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