Form 4: Integer Holdings CEO Boosts Equity Holdings

Sentiment:

Insider Transaction Report


Integer Holdings Corp's President and CEO, Payman Khales, reported the grant of new restricted stock units and the conversion of existing units into common stock, alongside tax-related share dispositions.

Summary

  • Payman Khales, President & CEO and Director of Integer Holdings Corp, reported several transactions involving the company's common stock and restricted stock units (RSUs).
  • On January 16, 2026, Khales was granted 19,429 new Restricted Stock Units, which will vest in three equal annual installments starting January 16, 2027.
  • Khales converted 1,260 RSUs into common stock on January 17, 2026, 961 RSUs on January 19, 2026, and 1,348 RSUs on January 20, 2026, as part of previously granted awards vesting.
  • To cover tax obligations related to these conversions, Khales disposed of 633 shares of common stock at $85.78 per share on January 19, 2026, and 329 shares at $85.15 per share on January 20, 2026.
  • Following these transactions, Khales' direct beneficial ownership of Integer Holdings Corp common stock stands at 25,472 shares.

Sentiment

Score: 7

Explanation: The filing indicates a significant grant of new restricted stock units to the CEO, alongside the conversion of previously granted units into common stock. While there were dispositions for tax purposes, the overall activity reflects an increase in the CEO's equity alignment with the company's long-term performance, which is generally positive for investor confidence.

Positives

  • Grant of 19,429 new Restricted Stock Units to the President & CEO, aligning management's interests with long-term shareholder value.
  • Conversion of 3,569 Restricted Stock Units into common stock, increasing direct equity ownership (before tax withholdings).
  • The CEO's beneficial ownership of common stock increased to 25,472 shares after the reported transactions.

Negatives

  • Disposition of 962 shares of common stock (633 shares at $85.78 and 329 shares at $85.15) to cover tax withholding obligations.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: The grant of new equity awards to the CEO and the conversion of existing awards into common stock demonstrate continued alignment of management's interests with shareholder value. The increase in direct beneficial ownership (after tax sales) can be seen as a positive signal of confidence in the company's future.

Next Steps

  • The newly granted 19,429 Restricted Stock Units will begin vesting in three equal annual installments starting January 16, 2027.

Key Dates

DateDescription
01/20/2023Grant of 4,042 Restricted Stock Units to Payman Khales, vesting in three equal annual installments beginning January 20, 2024.
01/19/2024Grant of 2,884 Restricted Stock Units to Payman Khales, vesting in three equal annual installments beginning January 19, 2025.
01/17/2025Grant of 3,782 Restricted Stock Units to Payman Khales, vesting in three equal annual installments beginning January 17, 2026.
01/16/2026Grant of 19,429 Restricted Stock Units to Payman Khales, vesting in three equal annual installments beginning January 16, 2027.
01/17/2026Conversion of 1,260 Restricted Stock Units into Common Stock.
01/19/2026Conversion of 961 Restricted Stock Units into Common Stock.
01/19/2026Disposition of 633 Common Stock shares for tax withholding at $85.78 per share.
01/20/2026Conversion of 1,348 Restricted Stock Units into Common Stock.
01/20/2026Disposition of 329 Common Stock shares for tax withholding at $85.15 per share.
01/21/2026Date the Form 4 filing was signed.
01/16/2027First vesting installment for the 19,429 Restricted Stock Units granted on January 16, 2026.

Keywords

Integer Holdings Corp, ITGR, Payman Khales, Insider Transaction, Form 4, Restricted Stock Units, Equity Grant, CEO, Director, Stock Ownership

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