Form 4: Integer Holdings Corp: Executive Diron Smith Reports Stock Transactions

Diron Smith, EVP and Chief Financial Officer of Integer Holdings Corp, reports the vesting and conversion of restricted stock units into common stock, along with the disposition of shares to cover tax obligations.

Summary

• On May 8, 2024, Diron Smith, the EVP and Chief Financial Officer of Integer Holdings Corp, reported transactions involving the company's stock.
• Smith converted 2,062 restricted stock units into common stock.
• Simultaneously, Smith disposed of 503 shares of common stock at a price of $113.14 to satisfy tax obligations.
• Following these transactions, Smith directly owns 2,368 shares of common stock and 4,126 restricted stock units.
• The restricted stock units convert into common stock on a one-for-one basis and were granted on May 8, 2023, vesting in three equal annual installments beginning May 8, 2024.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by an executive, with no inherently positive or negative implications for the company's overall performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and potential alignment with shareholder interests.

Stakeholder Impact

• Shareholders can monitor insider transactions for insights into management's perspective on the company's stock.

Key Dates