Form 4: Integer Holdings Corp Executive Granted Restricted Stock Units
SEC Form 4 Filing
John A. Harris, EVP at Integer Holdings Corp, received 3,837 restricted stock units that vest on March 31, 2026.
Summary
- John A. Harris, an EVP at Integer Holdings Corp, filed a Form 4.
- The filing reports a transaction that occurred on July 11, 2024.
- Harris was granted 3,837 restricted stock units (RSUs) that convert into common stock on a one-for-one basis.
- These RSUs will vest in full on March 31, 2026.
- Following the reported transaction, Harris directly owns 3,837 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation, and does not contain information that would significantly shift investor sentiment positively or negatively.
Positives
- The grant of restricted stock units to a key executive could be seen as an incentive to drive future performance.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
Executive compensation through stock grants is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The grant of restricted stock units could incentivize the executive to improve company performance, benefiting shareholders.
- The grant of restricted stock units has no immediate impact on employees, customers, suppliers or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of transaction: John A. Harris was granted 3,837 restricted stock units. |
| 07/15/2024 | Date of filing: Form 4 was signed on this date. |
| 03/31/2026 | Vesting date: Restricted stock units vest in full. |
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