Form 4: Integer Holdings Corp Executive Jim Stephens Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Jim Stephens, President of CRM & Neuro at Integer Holdings Corp, reported the acquisition and disposal of company stock and restricted stock units.

Summary

  • Jim Stephens, an officer at Integer Holdings Corp, filed a Form 4 detailing recent transactions in the company's stock.
  • On January 19, 2025, Stephens acquired 758 shares of common stock through the vesting of restricted stock units.
  • On January 21, 2025, 225 shares were disposed of to cover tax obligations related to the vesting of restricted stock units at a price of $141 per share.
  • Following these transactions, Stephens directly owns 903 shares of common stock.
  • Additionally, on January 17, 2025, Stephens was granted 2,245 restricted stock units which vest in three equal annual installments starting January 17, 2026.
  • Stephens also has 1,517 restricted stock units from a previous grant.

Sentiment

Score: 5

Explanation: The document is neutral, detailing routine stock transactions by an executive. There is no indication of positive or negative sentiment.

Positives

  • The vesting of restricted stock units indicates a form of compensation and alignment of interests between the executive and the company's performance.

Negatives

  • The disposal of 225 shares to cover tax obligations, while standard, reduces the executive's direct shareholding.

Risks

  • There are no significant risks highlighted in this document, as it primarily details routine stock transactions by an executive.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It does not indicate any specific industry trends or competitive actions.

Comparison to Industry Standards

  • Executive stock transactions are a common occurrence in publicly traded companies, and this filing is consistent with standard reporting practices.
  • The vesting of restricted stock units and subsequent tax-related disposals are typical forms of executive compensation and are not unusual compared to other companies.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

DateDescription
01/17/2025Grant of 2,245 restricted stock units to Jim Stephens.
01/19/2025Acquisition of 758 common stock shares through vesting of restricted stock units.
01/21/2025Disposal of 225 common stock shares to cover tax obligations.
01/22/2025Date of filing of the Form 4.

Keywords

Integer Holdings Corp, Jim Stephens, Form 4, Stock Transactions, Restricted Stock Units, Executive Compensation, Insider Trading

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