Form 4: Envista Holdings Corp: General Counsel Mark Nance Reports Changes in Beneficial Ownership

Mark Nance, General Counsel of Envista Holdings Corp, reports changes in beneficial ownership due to company contributions to deferred compensation programs.

Summary

• On February 1, 2025, Mark Nance, General Counsel of Envista Holdings Corp, reported changes in beneficial ownership.
• These changes are due to company contributions to the Excess Contribution Program (ECP).
• Nance acquired 965 notional shares of Envista common stock at a price of $20.52 per share.
• Following the transaction, Nance beneficially owns 5,581 notional shares of Envista common stock in the ECP account.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects routine compensation practices and doesn't indicate any significant positive or negative events.

Positives

• The company is contributing to its employees' deferred compensation plans, which can be seen as a positive employee benefit.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It reflects standard practices for deferred compensation programs and stock-based compensation.

Comparison to Industry Standards

• Deferred compensation plans and stock contributions are common practices among publicly traded companies to incentivize and retain executives.
• The vesting schedules described (one year for matching contributions, one to three years for non-elective contributions) are typical in the industry.
• Companies like Danaher (DHR) and Align Technology (ALGN), which operate in similar industries, also utilize stock-based compensation and deferred compensation plans for their executives.

Stakeholder Impact

• The transaction has a minor positive impact on the reporting person's holdings.
• It reflects the company's ongoing commitment to executive compensation.

Key Dates