Form 4: Glaukos COO Joseph Gilliam's RSU Vesting & Tax Withholding
Insider Transaction Report
Glaukos Corporation's President & COO, Joseph E. Gilliam, reported the vesting of restricted stock units and the withholding of shares for tax obligations.
Summary
- Joseph E. Gilliam, President & COO of Glaukos Corp, reported a transaction involving common stock.
- On March 13, 2026, 2,462 shares of common stock were withheld by the Issuer for tax withholding obligations.
- These shares were withheld upon the vesting and delivery of restricted stock units previously granted on March 13, 2025.
- The price per share for the withheld securities was $97.02.
- Following this transaction, Joseph E. Gilliam beneficially owns 88,847 shares of common stock directly.
- This beneficial ownership includes 56,132 restricted stock units that have not yet vested or been delivered.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary transaction related to executive compensation and tax obligations, rather than a strategic move or a discretionary sale/purchase.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
StockSavvy.ai notes that insider transaction reports like Form 4 are routine disclosures for publicly traded companies, reflecting executive compensation events such as restricted stock unit vesting and associated tax withholdings. This specific transaction is a standard part of executive equity compensation plans in the medical device industry, aligning executive interests with shareholder value over time.
Stakeholder Impact
- Shareholders: The transaction is a routine part of executive compensation, indicating continued equity alignment for a key executive. It does not directly impact company operations or financial performance beyond the accounting for equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date restricted stock units were previously granted by the Issuer. |
| 03/13/2026 | Date of earliest transaction, representing the vesting and delivery of restricted stock units and subsequent tax withholding. |
| 03/17/2026 | Date the Form 4 was signed and filed. |
Keywords
Glaukos, GKOS, Form 4, Insider Transaction, RSU Vesting, Tax Withholding, Joseph Gilliam, Executive Compensation
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