Form 4: Establishment Labs Holdings Inc.: CFO Raj Denhoy Reports Tax-Related Share Disposal

Raj Denhoy, CFO of Establishment Labs Holdings Inc., reports the disposal of 314 common shares to cover tax obligations related to vesting restricted stock units on April 10, 2024.

Summary

• On April 10, 2024, Raj Denhoy, the Chief Financial Officer of Establishment Labs Holdings Inc. (ESTA), disposed of 314 common shares.
• The transaction was executed to cover tax withholding obligations related to the vesting of previously granted restricted stock units.
• The shares were disposed of at a price of $53.19 per share.
• Following the transaction, Denhoy directly owns 13,133 common shares of Establishment Labs Holdings Inc.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate a change in the CFO's confidence in the company.

Industry Context

This is a routine Form 4 filing, which is standard practice when company insiders, like the CFO, execute transactions involving the company's stock. These filings are publicly available and provide transparency into insider activity.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares and is related to tax obligations.

Key Dates