Form 4: Glaukos Corp Executive Navratil Tomas Reports Stock Transaction
SEC Form 4 Filing
Chief Development Officer of Glaukos Corp, Tomas Navratil, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On August 6, 2024, Tomas Navratil, Chief Development Officer of Glaukos Corporation, reported a transaction involving the disposition of 520 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 24, 2022.
- The price per share for the transaction was $120.73.
- Following the transaction, Navratil directly owns 72,634 shares, which includes 46,547 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of unusual or concerning activity.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations related to vested equity.
Key Dates
| Date | Description |
|---|---|
| 03/24/2022 | Date of original grant of restricted stock units. |
| 08/06/2024 | Date of the stock transaction (disposition of shares). |
| 08/08/2024 | Date of signature on the Form 4 filing. |
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