Form 4: Integer Holdings Corp Director Filippo Passerini Reports Acquisition of Restricted Stock Units
SEC Form 4
Director Filippo Passerini acquired 1,480 restricted stock units of Integer Holdings Corp on May 22, 2024, convertible to common stock.
Summary
- Filippo Passerini, a director of Integer Holdings Corp, reported a transaction on May 22, 2024.
- Passerini acquired 1,480 restricted stock units (RSUs) at a price of $0.
- These RSUs convert into common stock on a one-for-one basis.
- Following the transaction, Passerini directly owns 27,633 shares of Integer Holdings Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard disclosure of stock units granted to a director. It doesn't inherently indicate positive or negative performance.
Positives
- The acquisition of RSUs by a director signals confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Grant of 1,480 restricted stock units. |
| 05/23/2024 | Date of signature for the report. |
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