Form 4: Integer Holdings Corp Director Pamela G. Bailey Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Pamela G. Bailey reports the acquisition of 1,974 restricted stock units (RSUs) of Integer Holdings Corp.

Summary

  • On May 22, 2024, Pamela G. Bailey, a director of Integer Holdings Corp, acquired 1,974 restricted stock units (RSUs).
  • These RSUs convert into common stock on a one-for-one basis.
  • The RSUs vest in equal installments on August 22, 2024, November 22, 2024, February 22, 2025, and May 20, 2025.
  • Bailey has elected to defer settlement of the common stock underlying these RSUs until separation from service as a director or a change in control of the Issuer.
  • Following the transaction, Bailey directly owns 51,266 shares of Integer Holdings Corp common stock and 1,974 RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of an RSU grant to a director, which is neither particularly positive nor negative.

Positives

  • The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The director has deferred settlement of the common stock underlying the RSUs until separation from service or a change in control, indicating a long-term perspective.

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 could have a minor positive impact on shareholder sentiment as it indicates insider confidence.

Key Dates

DateDescription
05/22/2024Date of RSU grant
08/22/2024First vesting date of RSUs
11/22/2024Second vesting date of RSUs
02/22/2025Third vesting date of RSUs
05/20/2025Final vesting date of RSUs
05/23/2024Date of Form 4 filing

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