Form 4: Glaukos Corp Executive Joseph E. Gilliam Reports Stock Transactions
SEC Form 4 Filing
Joseph E. Gilliam, President & COO of Glaukos Corporation, reports the withholding of shares by the issuer to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 25, 2025, Joseph E. Gilliam, President & COO of Glaukos Corporation, reported transactions involving Glaukos Corp [GKOS] common stock.
- The transactions involved the withholding of 13,429 shares at $107.61 and 2,891 shares at $96.6 by the issuer to cover tax withholding obligations.
- These shares were related to the vesting and delivery of common stock underlying restricted stock units previously granted on March 24, 2022, March 22, 2023, and March 14, 2024.
- Following these transactions, Gilliam directly owns 111,690 shares of Glaukos Corp, which includes 66,482 restricted stock units that have not yet vested.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions related to executive compensation; it doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company executives and their confidence in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/24/2022 | Date of previous grant of restricted stock units. |
| 03/22/2023 | Date of previous grant of restricted stock units. |
| 03/14/2024 | Date of previous grant of restricted stock units. |
| 03/25/2025 | Date of stock transactions (withholding of shares for tax obligations). |
| 03/27/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Glaukos, GKOS, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Withholding, Joseph E. Gilliam, Executive Compensation
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