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

Thomas Burns, Chairman and CEO of Glaukos Corporation, reports changes in beneficial ownership of company stock due to tax withholding obligations upon vesting of restricted stock units.

Summary

• On May 7, 2025, Thomas William Burns, Chairman and CEO of Glaukos Corporation, reported changes in his beneficial ownership of Glaukos Corp [GKOS] stock.
• The changes are due to the withholding of 1,098 shares by the issuer to cover tax obligations related to the vesting of restricted stock units previously granted on March 24, 2022.
• Following the transaction, Burns directly owns 144,504 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 direct holdings include 89,622 restricted stock units that have not yet vested.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing and does not convey any particular positive or negative sentiment. It simply reports a transaction.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment to the CEO's stock ownership related to tax obligations.

Key Dates

Keywords

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