Form 4: Establishment Labs CFO Raj Denhoy Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Raj Denhoy, CFO of Establishment Labs, sold 985 common shares on March 6, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 6, 2025, Raj Denhoy, the Chief Financial Officer of Establishment Labs Holdings Inc. (ESTA), disposed of 985 common shares.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units previously granted to Denhoy.
- The shares were sold at a price of $42.08 per share.
- Following the transaction, Denhoy directly owns 12,148 common shares of Establishment Labs Holdings Inc.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction (sale of shares for tax obligations) by a company insider, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of the transaction where 985 common shares were disposed of. |
| 03/20/2025 | Date of signature for the Form 4 filing. |
Keywords
Establishment Labs, ESTA, Raj Denhoy, CFO, Form 4, Share Sale, Tax Obligations, Restricted Stock Units
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