Form 4: Integer Holdings Corp Director Exercises Stock Options and Sells Shares to Cover Costs
SEC Form 4 Filing
Director Pamela G. Bailey exercised stock options and sold shares to cover the cost, resulting in a net change in her holdings of Integer Holdings Corp stock.
Summary
- Pamela G. Bailey, a director at Integer Holdings Corp, exercised 2,877 stock options on January 2, 2025, at a price of $45.39 per share.
- To cover the cost of the stock options, 974 shares were withheld by the issuer at a price of $134.1 per share.
- Following these transactions, Ms. Bailey's direct holdings decreased from 54,143 to 53,169 shares.
- The stock options were non-qualified and vested 25% on the first day of each fiscal quarter in 2015.
Sentiment
Score: 5
Explanation: The document is a routine filing of insider transactions, which is neither positive nor negative for the company's overall outlook.
Industry Context
This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The stock option exercise and share withholding are common methods for directors to manage their equity compensation.
- The prices at which the options were exercised and shares were withheld are within the range of typical market prices for the company's stock.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in insider ownership.
- The transaction does not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of stock option exercise and share withholding. |
| 01/05/2025 | Expiration date of the stock options. |
| 01/06/2025 | Date of the Form 4 filing. |
Keywords
stock options, insider trading, Form 4, Integer Holdings Corp, director, equity securities, beneficial ownership
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