Form 4: Integer Holdings Corp: Executive Diron Smith Reports Stock Transactions
SEC Form 4 Filing
Diron Smith, EVP and CFO of Integer Holdings Corp, reports the vesting and subsequent disposal of restricted stock units on September 1, 2024.
Summary
- On September 1, 2024, Diron Smith, the EVP and Chief Financial Officer of Integer Holdings Corp, reported transactions involving the company's common stock.
- Smith disposed of 41 shares of common stock at a price of $130.07.
- These transactions involved the vesting of 168 restricted stock units, which convert into common stock on a one-for-one basis.
- Following these transactions, Smith directly owns 2,495 shares of Integer Holdings Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting required information about stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The transactions are part of the executive's compensation and incentive package.
Key Dates
| Date | Description |
|---|---|
| 09/01/2021 | Reporting person was granted 504 restricted stock units, vesting in three equal annual installments beginning on September 1, 2022. |
| 09/01/2022 | First vesting date of restricted stock units granted on September 1, 2021. |
| 09/01/2024 | Transaction date: Vesting of restricted stock units and disposal of shares. |
| 09/04/2024 | Date of signature for the Form 4 filing. |
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