Form 4: ICU Medical Inc. Executive Virginia Sanzone Reports Stock Transactions
SEC Form 4 Filing
Virginia Sanzone, VP and General Counsel at ICU Medical Inc., reports the acquisition and disposal of common stock and restricted stock units on March 15, 2024.
Summary
- On March 15, 2024, Virginia Sanzone, VP and General Counsel of ICU Medical Inc., reported transactions involving the company's stock.
- Sanzone acquired 1,624 shares of common stock through the vesting of restricted stock units (RSUs) at a price of $0.00.
- She also disposed of 890 shares of common stock at a price of $98.08 per share.
- Following these transactions, Sanzone directly owns 6,532 shares of ICU Medical Inc. common stock and 3,248 derivative securities.
- The reported transactions relate to restricted stock units that vest over three years, with one-third vesting annually from the grant date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/15/2023 | Date the restricted stock units were legally granted, subject to shareholder approval. |
| 05/17/2023 | Date of shareholder approval for the restricted stock units. |
| 03/15/2024 | Date of the reported stock transactions (acquisition and disposal). |
| 03/15/2026 | Expiration date of the derivative security. |
| 03/18/2024 | Date of signature on the Form 4 filing. |
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