Form 4: Integer Holdings CHRO Thor Reports RSU Grant & Vesting

Integer Holdings Corp's Chief Human Resources Officer, Kirk K. Thor, reported the grant of new restricted stock units and the vesting and conversion of previously granted units, alongside tax-related stock sales.

Summary

• Kirk K. Thor, Chief Human Resources Officer of Integer Holdings Corp (ITGR), reported transactions involving common stock and restricted stock units (RSUs).
• On January 16, 2026, Thor was granted 6,120 restricted stock units, which are scheduled to vest in full on June 30, 2026.
• Between January 17 and January 20, 2026, a total of 2,061 restricted stock units (551, 694, and 816 units) vested and converted into common stock.
• These vested units originated from grants made on January 17, 2025 (1,654 RSUs, vesting in three equal annual installments), January 19, 2024 (2,083 RSUs, vesting in three equal annual installments), and January 20, 2023 (2,448 RSUs, vesting in three equal annual installments).
• To cover tax withholding obligations, Thor disposed of 370 shares of common stock at $85.78 per share on January 19, 2026, and 225 shares at $85.15 per share on January 20, 2026.
• Following these transactions, Thor directly beneficially owns 28,155 shares of common stock.
• Additionally, Thor beneficially owns 7,918 restricted stock units (6,120 from the new grant, 1,103 remaining from the 2025 grant, and 695 remaining from the 2024 grant).
• All reported transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The filing indicates routine equity compensation activities for a senior executive, including a new RSU grant and the vesting of previous grants. The associated sales are for tax withholding, which is a standard practice and was pre-planned under a Rule 10b5-1 plan, suggesting no immediate change in insider sentiment regarding the company's prospects.

Positives

• Grant of 6,120 new restricted stock units on January 16, 2026, indicating continued equity compensation and alignment with shareholder interests.
• Vesting and conversion of 2,061 restricted stock units into common stock, increasing direct ownership of company shares.

Negatives

• Disposition of 595 shares (370 shares at $85.78 and 225 shares at $85.15) to cover tax withholding obligations, which is a common practice but reduces direct share ownership.

Future Outlook

NA

Industry Context

This Form 4 filing reflects routine equity compensation and tax-related transactions for a senior executive in the medical device manufacturing industry. Such filings are common across publicly traded companies as part of their executive compensation structures, aiming to align management incentives with long-term shareholder value.

Stakeholder Impact

• Shareholders: The grant of new RSUs and vesting of existing ones align executive incentives with shareholder interests. Tax-related sales are routine and do not signal a change in company outlook.
• Employees: Reflects the company's ongoing equity compensation program for its executives.

Next Steps

• The 6,120 restricted stock units granted on January 16, 2026, are scheduled to vest in full on June 30, 2026.
• Remaining restricted stock units from the January 17, 2025, grant (1,103 units) will vest in future equal annual installments.
• Remaining restricted stock units from the January 19, 2024, grant (695 units) will vest in future equal annual installments.

Key Dates

Recommendation

This Form 4 filing details routine equity compensation activities for a senior executive, including a new RSU grant and the vesting of prior grants, with associated tax-related sales. These transactions were conducted under a Rule 10b5-1 plan, indicating they were pre-scheduled and do not reflect a discretionary change in the insider's view of the company's immediate prospects. As such, the filing provides no new material information to warrant a change in investment recommendation; a 'hold' stance is appropriate based solely on this report.

Keywords

Integer Holdings Corp, ITGR, Kirk K. Thor, Chief Human Resources Officer, Form 4, Insider Trading, Restricted Stock Units, RSU Grant, Stock Vesting, Equity Compensation, Rule 10b5-1 Plan