GKOS.NYSEGlaukos CORP

Form 4: Glaukos Corp CEO Thomas Burns Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Thomas Burns, Chairman and CEO of Glaukos Corp, reports a transaction involving the withholding of shares for tax obligations and adjustments to his beneficial ownership.

Summary

  • On April 21, 2025, Thomas William Burns, Chairman & CEO of Glaukos Corporation, reported changes in his beneficial ownership of Glaukos Corp [GKOS] common stock.
  • The transaction involved the withholding of 7,957 shares by the issuer to cover tax obligations related to the vesting of restricted stock units.
  • Following the transaction, Burns directly owns 145,602 shares and indirectly owns 893,932 shares through the Burns Family Trust, 238,107 through the Burns Annuity Trust, 120,000 through the Burns Charitable Remainder Trust, 100,000 through the Thomas W. Burns Irrevocable Trust and 100,000 through the Janet M. Burns Irrevocable Trust.
  • The reported direct holdings include 91,706 restricted stock units that have not yet vested.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it relates to tax obligations of the CEO.

Key Dates

DateDescription
04/01/2024Date of original grant of restricted stock units.
04/21/2025Date of transaction (share withholding for tax obligations).
04/23/2025Date of signature by Attorney-in-Fact.

Keywords

beneficial ownership, Form 4, Glaukos Corp, GKOS, Thomas Burns, restricted stock units, tax withholding, insider transaction

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