Form 4: Integer Holdings CEO Boosts Stake Through Vesting

Integer Holdings Corp's President & CEO, Payman Khales, increased his direct beneficial ownership of common stock to 61,854 shares following the vesting of performance-based and time-based restricted stock units.

Summary

• Payman Khales, President & CEO and Director of Integer Holdings Corp (ITGR), reported multiple transactions related to his beneficial ownership of common stock.
• On February 20, 2026, 7,389 shares of common stock vested from performance-based restricted stock units (PSUs) tied to organic sales growth achievement for 2023, 2024, and 2025.
• Also on February 20, 2026, an additional 7,516 shares of common stock vested from PSUs based on 3-year relative total shareholder return goals.
• A disposition of 4,638 common shares occurred on February 20, 2026, at a price of $84.85 per share, likely for tax withholding related to the vesting.
• On February 24, 2026, 16,077 restricted stock units granted on November 2, 2022, converted into common stock.
• Also on February 24, 2026, 26,983 restricted stock units granted on February 24, 2023, converted into common stock.
• A disposition of 16,945 common shares occurred on February 24, 2026, at a price of $87.1 per share, likely for tax withholding related to the vesting.
• Following these transactions, Payman Khales's direct beneficial ownership of Integer Holdings Corp common stock stands at 61,854 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this filing positively as it indicates the achievement of performance targets for executive compensation and an increase in the CEO's direct ownership, aligning interests with shareholders.

Positives

• The vesting of performance-based restricted stock units (PSUs) indicates that Integer Holdings Corp met specified financial performance targets, including organic sales growth and 3-year relative total shareholder return goals.
• The increase in the CEO's direct beneficial ownership aligns management's interests more closely with those of shareholders.

Negatives

• The disposition of shares for tax withholding is a standard practice upon vesting of equity awards and does not represent a negative sentiment towards the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those involving the vesting of performance-based awards, can signal management's confidence in the company's long-term strategy and operational execution. The successful achievement of organic sales growth and total shareholder return targets, as indicated by the PSU vesting, suggests strong internal performance relative to industry peers.

Stakeholder Impact

• Shareholders: The increase in the CEO's beneficial ownership through vested equity awards generally aligns management's incentives with shareholder value creation, which is a positive for long-term investors.
• Employees: The successful vesting of performance-based awards can signal a healthy company performance, potentially boosting employee morale and confidence in the company's direction.

Key Dates

Keywords

Integer Holdings, ITGR, Payman Khales, CEO, Director, Stock Vesting, Restricted Stock Units, PSU, Insider Transaction, Beneficial Ownership, Equity Compensation