Form 4: Glaukos Corp Executive Gilliam Reports Stock Transaction

Joseph E. Gilliam, President & COO of Glaukos Corporation, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.

Summary

• On April 1, 2025, Joseph E. Gilliam, President & COO of Glaukos Corporation, reported a transaction involving the disposition of 1,922 shares of common stock.
• The shares were withheld by the issuer to cover tax withholding obligations related to the vesting of restricted stock units previously granted on March 18, 2021.
• Following the transaction, Gilliam beneficially owns 109,768 shares, which includes 62,607 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document reflects a neutral event (tax obligation fulfillment) and doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations upon the vesting of restricted stock units, a common form of executive compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine process for managing executive compensation and tax obligations.

Key Dates

Keywords

Form 4, Glaukos, GKOS, Stock Transaction, Beneficial Ownership, Insider Trading, Restricted Stock Units, Tax Withholding, Joseph E. Gilliam, President & COO